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 CLARA L T
2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [NC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Member of a Group
(Last)
(First)
(Middle)

NACCO INDUSTRIES, INC., 5875 LANDERBROOK DRIVE, STE. 300
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2008
(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 09/19/2008   J(3) 1,286 A $ 0 9,047 I CTR Main Trust (1)
Class A Common Stock 09/19/2008   J(3) 1,286 D $ 0 1,214 I CTR 2009A GRAT (2)
Class A Common Stock 09/19/2008   J(3) 29,462 A $ 0 53,761 I CTR - RAIV (4)
Class A Common Stock 09/19/2008   J(3) 29,462 D $ 0 24,997 I CTR 2009B GRAT - RAIV (5)
Class A Common Stock 11/13/2008   G 9,047 D $ 0 0 I CTR Main Trust (1)
Class A Common Stock 11/13/2008   G 78,758 D $ 0 0 I CTR - RAIV (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 $ 0 (6) 09/19/2008   J(3) 82,483     (6)   (6) Class A Common Stock
82,483
$ 0 150,513
I
CTR - RAIV (4)
Class B Common Stock   09/19/2008   J(3)   82,483   (6)   (6) Class A Common Stock
82,483
$ 0 69,984
I
CTR 2009B GRAT - RAIV (5)
Class B Common Stock $ 0 11/13/2008   G   106,924   (6)   (6) Class A Common Stock
106,924
$ 0 0
I
CTR RAI (7)
Class B Common Stock $ 0 (6) 11/13/2008   G   220,496   (6)   (6) Class A Common Stock
220,496
$ 0 0
I
CTR - RAIV (4)
Class B Common Stock $ 0 (6)             (6)   (6) Class A Common Stock
7,000
  7,000
I
CTR 2009B GRAT (2)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RANKIN CLARA L T
NACCO INDUSTRIES, INC.
5875 LANDERBROOK DRIVE, STE. 300
MAYFIELD HEIGHTS, OH 44124
      Member of a Group

Signatures

/s/ Charles A. Bittenbender, attorney-in-fact 02/17/2009
**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) Reporting Person's son serves as Trustee of a Trust for the benefit of the Clara L.T. Rankin .
(2) Represents shares which is held in a qualified annuity intesest trust for the benefit of Clara LT Rankin.
(3) Represents GRAT Exchange from Reporting Person's GRAT into her main trust.
(4) RA4. Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P.
(5) Represents the proportionate limited partnership interest in shares held by Rankin Assoc 4, which is held in a qualified annuity interest trust for the benefit of Clara LT Rankin.
(6) N/A
(7) Represents the proportionate limited partnership interest in shares held by Rankin Assoc I, which is held in a qualified annuity interest trust for the benefit of Clara LT Rankin.
 
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.

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