Having worked for both Hyster and Yale for several years as well as NACCO (I have since left the company), I can tell you that you are 100% correct.
For years NACCO took the profits out of Hyster (MADE ESPECIALLY THROUGH THEIR BIG TRUCK PROGRAM) to prop up Yale. Through the merger, Yale was given bigger trucks and an All Makes program and Hyster received nothing really. Yale also took away Hyster accounts which was supposed to be a no no from a corporate directive but the Yale management team would still do it. They would then justify it to NACCO management (which was bisically all ex Yale people) and nothing happened. There are many stories out there like this...
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