North American Car Corporation , 3rd largest railcar lessor in America with 60.000 cars, sets up NACCO S.A in France, at the time Europe's largest private railcar market.
Delivery of Nacco's 1st wagon.
Purchase of Transrail, le Havre

Market difficulties in North America cause break-up of world-wide group. NACCO S.A. and its fleet of 1,200 railcars sold to Norwegian shipowner. Parent company subsequently purchased by G.E.(USA).

Founding of : NACCO (U.K.) Limited (Manchester)
NACCO GmbH


(Hamburg and Leipzig)
NACCO purchases 10% of former East Germany's private wagon fleet from the Deutsche Reichsbahn.
NACCO appoints exclusive agents in the Czech/Slovak Republics and Hungary.
David MacNaughton, President and founder of NACCO, becomes principal shareholder.

NACCO's fleet reaches 4,000 cars.