FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Expires: December 31, 2014 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person * RANKIN MATTHEW M (Last) (First) (Middle) NACCO INDUSTRIES, INC. 5875 LANDERBROOK DRIVE, STE. 220 (Street) MAYFIELD HEIGHTS OH 44124 (City) (State) (Zip)	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 Officer (give title below) X Other (specify below) Member of a group
	3. Date of Earliest Transaction (Month/Day/Year) 12/14/2017
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

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 Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock (1)	12/14/2017		G	V	81	A	(2)	9,348	I	By RAII (3)
Class A Common Stock (1)	12/14/2017		G	V	81	A	(2)	9,429	I	By RAII (3)
Class A Common Stock	12/14/2017		G	V	81	A	(2)	1,242	I	Trust/RAII/Child2 (4)
Class A Common Stock	12/14/2017		G	V	81	A	(2)	1,390	I	Trust/RAII/Child1 (4)
Class A Common Stock (1)	12/14/2017		G	V	163	D	(2)	9,266	I	By RAII (3)
Class A Common Stock	12/14/2017		G	V	163	A	(2)	1,553	I	Trust/RAII/Child1 (4)
Class A Common Stock (1)	12/14/2017		G	V	163	D	(2)	9,103	I	By RAII (3)
Class A Common Stock	12/14/2017		G	V	163	A	(2)	1,405	I	Trust/RAII/Child2 (4)
Class A Common Stock	01/02/2018		A (5)		556	A	(2)	9,044	I	By Trust (6)
Class A Common Stock								722	I	By Spouse (7)
Class A Common Stock (1)								2,058	I	By RAII/Spouse (8)
Class A Common Stock								645	I	Trust/Child1 (9)
Class A Common Stock (1)								500	D
Class A Common Stock								563	I	Trust/Child2 (9)

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 Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(2)	12/14/2017		G	V	227		(2)	(6)	Class A Common Stock	227	(2)	5,370	I	By Trust (10)

Explanation of Responses:

1. 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.

2. N/A

3. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P .

4. Shares represent the Reporting Person's minor child's proportionate limited interests in shares held by Rankin Associates II, L.P. Shares held by Reporting Person as co-trustee with PNC Bank. Reporting Person disclaims beneficial ownership of all such shares.

5. Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.

6. Held through a trust for the benefit of Reporting Person.

7. Held by Spouse. Reporting Person disclaims beneficial ownership of all such shares.

8. Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L. P. Reporting Person disclaims beneficial ownership of all such shares.

9. Held by Trust for Reporting Person's minor child. Reporting Person and Reporting Person's brother, James T. Rankin are co-trustees of the trust. Reporting Person disclaims beneficial ownership of all such shares.

10. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates I, L.P., which is held in trust for the benefit of Reporting Person.

	/s/ Jesse L. Adkins, attorney-in-fact	01/04/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

POWER OF ATTORNEY



        KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes
and appoints Mary D. Maloney, John D. Neumann, Jesse Adkins, and Eric Orsic, and
each of them, as the true and lawful attorney or attorneys-in-fact, with full
power of substitution and revocation, for the undersigned and in the name,
place and stead of the undersigned, in any and all capacities, to execute,
on behalf of the undersigned, any and all statements or reports under Section
16 of the Securities Exchange Act of 1934, as amended, with respect to the
beneficial ownership of shares of Class A Common Stock, par value $1.00 per
share, of NACCO Industries, Inc. (the ?Company?) and Class B Common Stock,
par value $1.00 per share, of the Company, including, without limitation,
all initial statements of beneficial ownership on Form 3, all statements
of changes of beneficial ownership on Form 4 and all annual statements
of beneficial ownership on Form 5 and any and all other documents that
may be required, from time to time, to be filed with the Securities and
Exchange Commission, to execute any and all amendments or supplements to
any such statements or forms, and to file the same, with all exhibits
thereto, and other documents in connection therewith , with  the  Securities
and  Exchange Commission, granting to said attorney or attorneys-in-fact,
and each of them, full power and authority to do so and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as the undersigned
might or could do in person, hereby ratifying and confirming all that
said attorney or attorneys-in-fact or any of them or their substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.






Name:	/s/ Matthew M. Rankin
	Matthew M. Rankin

Date:	 1/15/14
Address: 5875 Landerbrook Drive, Suite 220
         Cleveland, Ohio 44124

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