Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
RANKIN ALFRED M ET AL
2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [NC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) __X__ Other (specify below)
Dir CEO Group Member / Dir CEO Group Member
(Last)
(First)
(Middle)

NACCO INDUSTRIES, INC., 5875 LANDERBROOK DRIVE, STE. 300
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


MAYFIELD HEIGHTS, OH 44124
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Class A Common Stock             34,169 I By Trust/Daughter 1 (5)
Class A Common Stock             2,000 I By Trust 4 (Charities) (6)
Class A Common Stock             3,775 I By Trust (Self-Declaration 2) (7)
Class A Common Stock             26,608 I By Trust 2 (SR) (8)
Class A Common Stock             30,000 I By Trust (Unitrust) (9)
Class A Common Stock 12/28/2004 12/28/2004 G 159 A $ 0 2,921 I By Assoc II (1) (2)
Class A Common Stock 12/28/2004 12/28/2004 G 2,556 D $ 0 365 I By Assoc II (1) (2)
Class A Common Stock             14,000 I By IRA (10)
Class A Common Stock 12/28/2004 12/28/2004 G 639 A $ 0 4,585 I By Assoc II/Daughter 2 (3)
Class A Common Stock             2,000 I By RMI (Delaware) (11)
Class A Common Stock             95,208 I By Trust (AMR) (12)
Class A Common Stock             128,456 I By Trust (Assoc II-BTR) (13)
Class A Common Stock             20,284 I By Spouse/Trust (14)
Class A Common Stock 12/28/2004 12/28/2004 G 639 A $ 0 4,585 I By Assoc II/Daughter 1 (3)
Class A Common Stock             279,343 I By Trust 5 (QAIT - CLT) (15)
Class A Common Stock             11,225 I By Trust (Self-Declaration) (16)
Class A Common Stock             33,600 I By Trust 3 (Grandchildren) (17)
Class A Common Stock             34,169 I By Trust/Daughter 2 (5)
Class A Common Stock             14,000 I By Trust (CLTR) (18)
Class A Common Stock             224,435 I By Trust (Assoc II-CLTR) (19)
Class A Common Stock 12/28/2004 12/28/2004 G 160 A $ 0 1,939 I By Assoc II/Spouse (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock             09/15/2003   (21) Class A Common Stock
7,000
  7,000
I
By Trust (CLTR) (20)
Class B Common Stock               (22)   (22) Class A Common Stock
74,053
  74,053
I
By Trust (Assoc I-CLTR) (23)
Class B Common Stock               (22)   (22) Class A Common Stock
7,000
  7,000
I
By Trust (CLTR) (18)
Class B Common Stock               (22)   (22) Class A Common Stock
46,052
  46,052
I
By Trust (AMR) (12)
Class B Common Stock               (22)   (22) Class A Common Stock
107,194
  107,194
I
By Trust 5 (QAIT - CLT) (24)
Class B Common Stock               (22)   (22) Class A Common Stock
113,198
  113,198
I
By Trust (Assoc I-BTR) (25)
Class B Common Stock               (22)   (22) Class A Common Stock
107,926
  107,926
I
By Assoc I (26)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RANKIN ALFRED M ET AL
NACCO INDUSTRIES, INC.
5875 LANDERBROOK DRIVE, STE. 300
MAYFIELD HEIGHTS, OH 44124
  X     Dir CEO Group Member Dir CEO Group Member

Signatures

/s/Constantine E. Tsipis, attorney-in-fact for Alfred M. Rankin, Jr. 02/14/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates II, L.P.
(2) Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates II, L.P.--------
(3) Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associate II, L.P., which is held in a trust for the benefit of the daughter. Reporting Person is the co-trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(4) Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates II, L.P . Reporting Person disclaims beneficial ownership of all such shares.
(5) Reporting Person serves as Trustee for a Trust held for the Benefit of Reporting Person's daughter. Reporting Person disclaims beneficial ownership of all such shares.
(6) Reporting Person serves as Trustee of Irrevocable Trust u/a/d 9/22/88, for the Benefit of Charities for a term of 20 years and then to grantor's grandchildren. Reporting Person disclaims beneficial ownership of all such shares.------
(7) Reporting Person serves as the Trustee of the Alfred M. Rankin, Jr., Self-Declaration II Irrevocable Trust.
(8) Reporting Person serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin. Reporting Person disclaims bene ficial ownership of all such shares.
(9) Reporting Person serves as Trustee of the Clara T. Rankin Remainder Unitrust#2 u/a/d 1/5/77. Reporting Person disclaims benefic ial ownership of all such shares.
(10) Held in an Individual Retirement Account for the benefit of the Reporting Person.
(11) Represents the Reporting Person's proportionate interest in shares held by Rankin Management, Inc. ("RMI").
(12) Reporting Person serves as Trustee of a Trust for the benefit of the Alfred M. Rankin, Jr.
(13) Represents the proportionate limited partnership interest in shares held by Rankin Associates II, L.P., which is held in a trust for the benefit of Bruce T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(14) Reporting Person's spouse serves as Trustee of a Trust for the benefit of Victoire G. Rankin. Reporting Person disclaims benefic ial ownership of all such shares.
(15) Represents the proportionate limited partnership interest in shares held by Rankin Associates II, L.P., which is held in a qualified annuity interest trust for the benefit of Clara L.T. Rankin. Reporting Person serves as the Trustee of the Trust.
(16) Reporting Person serves as the Trustee of the Alfred M. Rankin, Jr., Self-Declaration Irrevocable Trust.
(17) Reporting Person serves as Trustee of Trusts for the benefit of each of grantor's grandchildren. Each trust owns 4,800 shares. Reporting Person disclaims beneficial ownership of all such shares.
(18) Reporting Person serves as Trustee of a Trust for the benefit of the Clara L.T. Rankin. Reporting Person disclaims beneficial o wnershp of all such shares.
(19) Represents the proportionate limited partnership interest in shares held by Rankin Associates II, L.P., which is held in a trust for the benefit of Clara L. T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(20) Reporting Person serves as Trustee of a Trust for the benefit of the Clara L.T. Rankin. Reporting Person disclaims beneficial ow nershp of all such shares.
(21) No conversion or exercise occurred at this time .
(22) N/A
(23) Represents the proportionate limited partnership interest in shares held by Rankin Associates I, L.P., which is held in a trust for the benefit of Clara T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(24) Represents the proportionate limited partnership interest in shares held by Rankin Associates I, L.P., which is held in a qualified annuity interest trust for the benefit of Clara L.T. Rankin. Reporting Person serves as the Trustee of the Trust.
(25) Represents the proportionate limited partnership interest in shares held by Rankin Associates I, L.P., which is held is a trust for the benefit of Bruce T. Rankin. Reporting Person serves as the Trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.
(26) Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates I, L.P.-------- -
 
Remarks:
"Remark on Insider Relationship" - As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement", the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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