8-K

UNITED STATES
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 12, 2009

NACCO INDUSTRIES, INC.

(Exact Name of Registrant as Specified in Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-9172	34-1505819
(Commission File Number)	(IRS Employer Identification Number)
5875 Landerbrook Drive, Cleveland, OH	44124-4017
(Address of Principal Executive Offices)	(Zip Code)

(440) 449-9600

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

EX-99.1

EX-99.2

EX-99.3

Item 7.01 Regulation FD Disclosure.

     On May 12, 2009, NACCO Industries, Inc. (the “Company”) will update its Subsidiary Companies’ Business Highlights web pages on its website, www.nacco.com, to include supplemental information about the Company’s subsidiaries not previously disclosed. In addition, the Company will post return on total capital employed data for its North American Coal subsidiary and updated lift truck market data on its website. The updated Subsidiary Companies’ Business Highlights, the updated lift truck market data and return on total capital information are attached as Exhibits 99.1, 99.2 and 99.3 to this Current Report on Form 8-K.

     This Current Report on Form 8-K and the information attached hereto are being furnished by the Company pursuant to Item 7.01 of
Form 8-K.

     The information in this Current Report on Form 8-K, including Exhibits 99.1, 99.2 and 99.3, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing, nor shall it be deemed an admission as to the materiality of such information.

Item 9.01 Financial Statements and Exhibits.

     As described in Item 7.01 of this Current Report on Form 8-K, the following Exhibits are furnished as part of this Current Report on
Form 8-K.

(d) Exhibits
99.1	NACCO Industries, Inc.’s Subsidiary Companies’ Business Highlights information, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 12, 2009.
99.2	Updated lift truck market data, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 12, 2009.
99.3	Updated return on total capital employed data for North American Coal, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 12, 2009.

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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/ Kenneth C. Schilling
	Name:	Kenneth C. Schilling
	Title:	Vice President and Controller

Date: May 12, 2009

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EXHIBIT INDEX

Exhibit
Number	Description
99.1	NACCO Industries, Inc.’s Subsidiary Companies’ Business Highlights information, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 12, 2009.
99.2	Updated lift truck market data, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 12, 2009.
99.3	Updated return on total capital employed data for North American Coal, as posted on the NACCO Industries, Inc. website at www.nacco.com on May 12, 2009.

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EX-99.1

Exhibit 99.1

Subsidiary Companies’ Business Highlights

NACCO Materials Handling Group Business Highlights

Leading Global Lift Truck Manufacturer

• Leading market share positions with large installed population base

• Comprehensive global product line recently introduced or undergoing significant redesign

• Globally integrated operations with significant economies of scale

Leading Brands and Market Shares

Hyster^® and Yale^® are among the most recognized brands in the lift truck industry

• Leading market share positions in the Americas and worldwide

• Both brands in business for more than 75 years

Strong heritage customer base in complementary market segments

• Hyster^® — large, heavy-duty applications

• Yale^® — lighter-duty and warehouse applications

2008 market share in Class I through V industrial lift trucks in the Americas of 23%

• 2008 global market share of 9%

• Significant growth opportunities in Europe, Asia-Pacific and China

Comprehensive Product Line

• Class 1: Electric counterbalanced rider lift trucks: 1 ton — 5.5 ton capacity

• Class 2: Electric narrow aisle lift trucks: 1.5 ton — 6 ton capacity

• Class 3: Electric hand lift trucks: 1.5 ton — 8 ton capacity

• Class 4: Internal combustion engine counterbalanced lift trucks, cushion tire: 1 ton — 7 ton capacity

• Class 5: Internal combustion engine counterbalanced lift trucks, pneumatic tire: 1 ton — 52 ton capacity

Global Scope of Operations

• Map of NMHG global locations

Global Economies of Scale

• Map of NMHG economies of scale strategy

Large Global Installed Population

• Estimated 831,000 Hyster^® and Yale^® lift trucks in operation worldwide (as of December 31, 2008)

1

• Large installed base provides barrier to entry and assures ongoing parts revenue

• Approximately 68% of total parts for the Hyster^® and Yale^® installed base are captured by NMHG in the Americas market (as of December 31, 2008)

• Comprehensive global proprietary and “all-makes” service parts program

• Service parts result in recurring, higher-margin revenues

Experienced Management Team

• Strong team of long-term NMHG managers and executives with global experience

• Supported by professionals recruited from leading industrial companies, such as Case, Toyota, Allied Signal and Brunswick

Highly Professional Dealers

• Strong, stable network of independent dealers in key U.S. markets

• Global operations supplying both Hyster^® and Yale^® dealer networks

• Independently owned and operated dealers with exclusive product and sales territories

• Strong global distribution drives market share

Leading National Accounts Program

• Industry-leading, direct-sales national accounts program

• Over 300 national accounts in a wide range of industries (as of December 31, 2008)

• Key accounts, including Costco, International Paper, Lowe’s stores and Con Agra Foods

• Industry-leading capabilities in fleet management and financial services in key markets

• Growing global account program

Diversified Customer Base

• NMHG markets industrial lift trucks into over 600 different end-user applications in 900 industries (as of December 31, 2008)

• Top 10 customers accounted for approximately 33% of 2008 Consolidated unit sales

2

Hamilton Beach Business Highlights

Leading Brands and Market Shares

• One of the leading companies in small kitchen and garment care appliances in North America

• Hamilton Beach participates in 39 small kitchen appliance categories, and holds a significant share in many of the key small appliance categories

• One of the leading companies in the commercial small appliance category, with significant share positions in commercial blenders and spindle mixers

• Broad complement of key brand names, including the Hamilton Beach^® and Proctor Silex^® brands, targeted at distinct consumer segments

Comprehensive Product Line

•	Air Purifiers	•	Ice Shavers
•	Automatic Drip Coffee Makers	•	Ice Tea Makers
•	Blenders	•	Irons
•	Can Openers	•	Juice Extractors
•	Carafes	•	Juicers
•	Coffee Mills	•	Kettles
•	Deep Fryers	•	Odor Eliminators
•	Drink Mixers	•	Percolators
•	Electric Knives	•	Rice Cookers
•	Espresso/Cappuccino Makers	•	Roaster Ovens
•	Fifth Burners	•	Sandwich Toasters
•	Food Choppers	•	Skillets
•	Food Processors	•	Slow Cookers
•	Food Steamers	•	Stand Mixers
•	Griddles	•	Toasters
•	Hand Blenders	•	Toaster Ovens
•	Hand Mixers	•	Travel Irons/Steamers
•	Hot Pots	•	Coffee Urns
•	Indoor Grills	•	Waffle Bakers

3

• Ice Cream Makers

Strong Retailer Relationships

• Approximately 1,400 active accounts

• Has category management responsibilities at Wal-Mart (U.S. and Mexico), Target, Kmart, Sears and a number of other food, drug, and mass merchandise retailers throughout the U.S. and Mexico

• Has received Vendor-of-the-Year awards at Wal-Mart, Target, Kmart, Sears and others throughout the years

• Has received vendor “Innovation” and “Quality” awards from Wal-Mart

Low Cost Distribution and Procurement

• Completed transition out of Hamilton Beach-owned manufacturing to third-party quality sourced products with enhanced low cost position in 2007

• Industry-leading working capital management

Strong Supplier Relationships

• Source finished products through more than 20 suppliers primarily located in China, typically with a lead supplier for each product category

• Working with multiple suppliers allows Hamilton Beach to bring a wide variety of products to market quickly

Experienced Management Team

• Senior management team averages more than 19 years of experience at Hamilton Beach and more than 25 years of relevant industry experience

• Highly professional team with significant tenure at Hamilton Beach, as well as experience from industry-leading consumer companies

Increasing Number of Innovative Products

Hamilton Beach^® BrewStation^®Coffee maker

• Breakthrough family of carafeless, one-hand dispensing coffee makers

• A leading seller in the coffee maker product family in the United States (as of December 31, 2008)

Hamilton Beach^® Wave~Action^® Blenders

• Wave-Action^® system forces mixture down into the blades for smoother results

Hamilton Beach^® Stay or Go™ Slow Cooker

• Clip-tight, lid locks for spill-resistant travel

• Large, full grip handles make carrying easier

4

Hamilton Beach^® Revolution^® Ice Shaver

• Key product for the restaurant and bar business

• For smoothies, milkshakes, daiquiris, margaritas and more

Hamilton Beach^® Toastation^® Toaster & Oven

• Compact all-in-one appliance that functions as a toaster and a toaster oven

Hamilton Beach^® OpenStation™ Can Opener

• Opens cans, jars, lids and even hard-plastic packaging

5

Kitchen Collection Business Highlights

Successful, Proven Format

• Proven Kitchen Collection format has helped Kitchen Collection become the leading retailer of kitchenware in outlet malls

• Gadgets deliver high margins and take up little shelf space

• In August 2006, Kitchen Collection acquired the assets, including the name, of Le Gourmet Chef, Inc., which expanded Kitchen Collection’s presence in outlet and traditional malls

• As of December 31, 2008, Kitchen Collection had a total of 285 stores; 202 Kitchen Collection^® stores and 83 Le Gourmet Chef^® stores

Traditional Mall Format

• New stores located in traditional malls focused on high-margin gadgets

• 28 permanent, traditional mall Kitchen Collection^® stores continue to operate in test mode to optimize profitability (as of December 31, 2008)

• 17 permanent, traditional mall Le Gourmet Chef^® stores are operating as of December 31, 2008

• Potential market of over 500 traditional enclosed malls nationwide

Continuous Improvement

• Kitchen Collection has developed specific approaches over time to improve the three main retail performance drivers

o            Number of customer visits

o            Percentage of visitors who purchase

o            Average dollar amount of sales

• Kitchen Collection continually tests and implements new approaches to further improve these key drivers

Disciplined Overhead Management

• Small headquarters staff provides merchandising expertise, accounting, information systems and oversight

• Small number of full-time employees at store level

Leading Brand Names

• Top brands sold by Kitchen Collection and Le Gourmet Chef^® include Kitchen Aid, WearEver, OXO, Cuisinart, Wilton, Calphalon, Emerilware and Rachel Ray

6

• Kitchen Collection sells Hamilton Beach^® and Proctor Silex^® kitchen electrics, including close-out and excess inventory items from Hamilton Beach Brands, as well as Hamilton Beach^®- and Proctor Silex^®-branded non-electric gadgets, bakeware and cookware

Efficient Supply Chain

• The Kitchen Collection distribution center, upgraded in 2006, allows higher throughput in same space

• The new Le Gourmet Chef distribution center, which came online in mid-2008, allows for added efficiency

• Many high-volume products ship directly to store locations from U.S.-based vendors

7

North American Coal Business Highlights

Coal Production Overview

Coal fuels about 49% of electrical generation in the United States

• Natural Gas 21%

• Nuclear 19%

• Hydroelectric 6%

• Fuel Oil 2%

• Other 3%

The country’s abundant recoverable coal reserves of over 263 billion tons help to provide a lower-cost energy source and offer U.S. energy independence

• Coal production in the U.S. in 2008 was approximately 1.2 billion tons

• Coal is one of the lowest cost fuels for base-load electric power generation, considerably less expensive than natural gas or oil

• Natural gas prices are likely to continue to rise as more expensive domestic resources are used to meet demand

Energy sector shows moderate growth coal will continue to be an important energy source as new technologies, including coal gasification, show promise in cost-effectively capturing CO₂

NAC Focuses on Lignite Coal

NAC is the nation’s largest miner of lignite coal, and the 9th largest coal producer nationwide as of December 31, 2008, delivering 33.0 million tons of lignite coal in 2008

NAC has 2.3 billion tons of lignite coal reserves, including unconsolidated project mining operations, of which 1.2 billion tons are committed to current customers as of December 31, 2008

Chart comparing of lignite coal to other types of coal

Diverse Mining Locations

Map of NAC’s mine locations

Dependable Financial Performance

• Steady operating income and cash flow before financing activities

• High returns on equity

Minimal Exposure to Coal Prices

• Contracts structured to minimize exposure to fluctuations in coal prices

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• Long-term agreements establish mining services NAC will perform and mechanisms for compensation

Stable Operating Income Streams

Three Unconsolidated Project Mining Operations (North Dakota and Texas)

• Cost plus an agreed pre-tax profit or management fee per ton

• Modest up front equity investment by NAC

• Debt financing guaranteed by utility customer; non-recourse to NAC

• No coal market price risk

• Long-term contracts (2012-2045)

o   Contract expiring in 2012 may be extended for five additional periods of five years, or 2037, at NAC’s option

• 2008 deliveries of 26.3 million tons

Three Consolidated Mining Operations (Louisiana, Texas and Mississippi)

• Louisiana and Mississippi Mines

o            Fixed price with agreed cost and price escalators

o            NAC assumes operating risks; greater initial capital investment and greater profit opportunity

o            Financing by NAC and not the customer

• Texas Mine

o            Management fee contract with performance incentive

o            Financing provided by customer; non-recourse to NAC

o            No coal market price risk

• Long-term contracts (2010-2032)

• 2008 deliveries of 6.7 million tons

Seven Limerock Dragline Mining Operations (Florida)

• Cost plus an agreed pre-tax profit or fixed fee per cubic yard of limerock removed from quarry

• 2008 deliveries of 22.0 million cubic yards

Other Income Streams

• Engagements to provide consulting services based on North American Coal’s mining expertise

• Mineral royalty streams from North American Coal’s non-operated properties

Outstanding Mining Skills

• Use of technology to increase efficiency

• Award-winning environmental protection and safety record

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Future Mining Project Potential

• Potential for further lignite mining projects

• Potential for additional limerock dragline or other natural resources mining projects

New Project Opportunities

• Pursue various projects related to new coal-based energy technologies, including coal-to-liquids conversion, coal gasification and other clean coal technologies

• Pursue managing coal mining projects worldwide

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EX-99.2

Exhibit 99.2

Lift Truck Market Size Data

	1972		1973		1974		1975		1976		1977		1978		1979		1980		1981		1982
Europe (FEM/JIVA) (2)		91,305		116,797		133,977		101,492		105,469		127,299		132,566		147,328		155,884		122,620		110,638
North America (1) (2)		83,718		97,382		120,770		35,404		64,943		79,976		94,257		97,183		70,593		63,223		46,381
A/P, China and Japan (2)		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A

	1983		1984		1985		1986		1987		1988		1989		1990		1991		1992		1993
Europe (FEM/JIVA) (2)		107,677		108,286		118,885		116,910		129,042		149,802		165,095		176,947		165,968		150,250		121,922
North America (1) (2)		62,476		84,579		91,942		99,215		110,359		112,425		116,607		105,508		94,828		106,590		120,679
Total Americas (1) (2)		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		114,411		127,308
A/P, China and Japan (2)		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		N/A		134,635		123,913

	1994		1995		1996		1997		1998		1999		2000		2001		2002		2003		2004
Europe (FEM/JIVA) (2)		135,318		152,667		174,953		176,294		187,902		219,615		227,697		274,681		256,717		263,972		286,546
North America (1) (2)		154,167		162,725		152,763		178,456		192,192		197,436		205,033		145,967		144,529		151,911		182,450
Total Americas (1) (2)		162,261		171,682		168,170		193,413		207,018		209,843		223,499		161,316		156,702		166,328		203,552
A/P, China and Japan (2)		119,733		135,050		148,135		148,441		111,848		104,781		122,354		123,780		129,333		146,334		171,000

	2005		2006		2007		2008		2009E		2010E
Europe (FEM/JIVA) (2)		302,158		337,326		382,047		376,945		190,000		234,000
North America (1) (2)		194,475		207,919		185,726		149,863		90,000		110,000
Total Americas (1) (2)		218,908		238,141		229,509		192,134		111,050		137,050
A/P, China and Japan (2)		195,386		222,074		250,684		257,604		150,000		174,275

Lift truck market size history - source: ITA, JIVA, FEM, WITA

Industry forecast - source: DRI-WEFA and Oxford Economic Forecast

(1)	Total Americas numbers for 1992-2010 include North America Commercial, Government and Latin America. Prior years are North America Commercial only.
(2)	Industry information is based upon the reporting basis of each individual region, which varies according to the industry trade groups in that region:

Americas - - North America & Government - Retail bookings
Americas - Latin America - Factory bookings
Europe & Japan - Factory shipments
A/P & China - Factory bookings

EX-99.3

Exhibit 99.3

	(U.S. dollars
	in millions)
2008
2008 average equity (12/31/2007 and each of 2008’s quarter ends)	$	84.1
2008 average debt (12/31/2007 and at each of 2008’s quarter ends)		107.4
Total 2008 average total capital employed	$	191.5
2008 net income, as reported	$	22.1
Plus: 2008 interest expense, as reported		5.5
Less: Income taxes on 2008 interest expense at 38%*		(2.1	)
Actual return on total capital employed = actual net income before interest expense, after tax	$	25.5
Actual return on total capital employed percentage		13.3	%
2007
2007 average equity (12/31/2006 and each of 2007’s quarter ends)	$	66.3
2007 average debt (12/31/2006 and at each of 2007’s quarter ends)		110.8
Total 2007 average total capital employed	$	177.1
2007 net income, as reported	$	31.0
Plus: 2007 interest expense, as reported		7.0
Less: Income taxes on 2007 interest expense at 38%*		(2.7	)
Actual return on total capital employed = actual net income before interest expense, after tax	$	35.3
Actual return on total capital employed percentage		19.9	%

Return on total capital employed is provided solely as a supplemental disclosure with respect to income generation because management believes it provides useful information with respect to earnings in a form that is comparable to North American Coal’s cost of capital employed, which includes both equity and debt securities.

* Tax rate of 38% represents the Company’s marginal tax rate.