Large distribution company leaving Danville in 2026

DANVILLE, Ill. (WAND) — A large distribution company in Danville will be leaving Illinois next year after 50 years in operation.

According to the city of Danville, the Hyster-Yale Group will relocate operations to Indiana by the end of 2026.

Hyster-Yale is a global manufacturer of material handling equipment, like forklifts. The supplier's Danville location is located on the east side of Danville on East Fairchild Street.

The City of Danville said it has worked extensively with Hyster-Yale over the last two years to try and keep the company in Vermilion County.

According to the City, the final incentive package provided by Danville included a sanitary sewer extension valued upwards of $1 million, an enterprise zone expansion, rezoning of the selected parcel and a $1.5 million cash incentive for the Hyster-Yale Group's relocation.

"While this was not the desired outcome, the city of Danville takes great pride in the collaboration, dedication and shared purpose demonstrated by all partners involved," Danville Mayor Rickey Williams Jr. said in a press release. "These relationships have strengthened our foundation and reaffirmed the unwavering spirit that defines our community."

The City said "comprehensive and proactive measures" are being taken to help the employees and families affected by the closure. It is unclear what those measures are.

Hyster-Yale told WAND News that its Danville facility "no longer aligns" with the "scale and complexity" required for the company moving forward.

"Danville has been an important part of HYMH’s history. We sincerely appreciate the dedication and contributions of every team member and remain committed to providing the appropriate resources and support to employees throughout this transition," said Hyster-Yale Director of Parts Operations in a statement.

Former Illinois House Speaker Mike Madigan asks President Trump for pardon

Teutopolis man accused of sexually assaulting a child

Central Illinois farmers react to $12 billion in federal aid