8-K

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

          Date of report (Date of earliest event reported) May 9, 2002
                                                           -----------

                             NACCO INDUSTRIES, INC.
               (Exact Name of Registrant as Specified in Charter)

           Delaware                     1-9172                   34-1505819
 (State or Other Jurisdiction      (Commission File            (IRS Employer
      of Incorporation)                Number)              Identification No.)

              5875 Landerbrook Drive
              Mayfield Heights, Ohio                                44124
      (Address of Principal Executive Offices)                    (Zip Code)


       Registrant's telephone number, including area code  (440) 449-9600


                                       N/A
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)








ITEM 5. OTHER EVENTS.

    On May 9, 2002, NACCO Industries, Inc. ("NACCO") issued a news release
announcing that NACCO's subsidiary, NMHG Holding Co., completed the offer and
sale of $250,000,000 aggregate principal amount of 10% Senior Notes due 2009 in
a private placement to certain institutional investors and non-U.S. persons. The
May 9, 2002 news release, a copy of which is attached hereto as Exhibit 99.1, is
incorporated herein by reference.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.


         (a)      FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.

                  N/A

         (b)      PRO FORMA FINANCIAL INFORMATION

                  N/A

         (c)      EXHIBITS.

                     EXHIBIT
                       NO.      DESCRIPTION

                     99.1.      News release, dated May 9, 2002








                                   SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                   NACCO Industries, Inc.

                                   By:  /s/ J. C. Butler, Jr.
                                       --------------------------------------
                                       Name:    J. C. Butler, Jr.
                                       Title:   Vice President, Corporate
                                                Development and Treasurer

Date: May 9, 2002





                                  EXHIBIT INDEX


EXHIBIT     DESCRIPTION
  NO.

99.1.       News release, dated May 9, 2002

EX-99.1

                                                                    Exhibit 99.1




                 NACCO INDUSTRIES, INC. ANNOUNCES COMPLETION OF
             PRIVATE PLACEMENT BY ITS SUBSIDIARY NMHG HOLDING CO. OF
                     $250,000,000 10% SENIOR NOTES DUE 2009

            Mayfield Heights, Ohio - May 9, 2002 - NACCO Industries, Inc.
(NC-NYSE) today announced that its wholly owned subsidiary, NMHG Holding Co.,
has completed the previously announced offer and sale of $250,000,000 aggregate
principle amount of 10% Senior Notes due 2009 in a private placement to certain
institutional investors and non-U.S. persons in an offering exempt from the
registration requirements of the Securities Act of 1933. NMHG Holding Co.
intends to use the proceeds to repay outstanding indebtedness and for general
corporate purposes.

         The notes to be offered have not been registered under the Securities
Act of 1933 and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements. This
news release shall not constitute an offer to sell or a solicitation of an offer
to buy such notes and is issued pursuant to Rule 135c under the Securities Act
of 1933.