FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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. Date of Earliest Transaction (Month/Day/Year) 03/25/2008 (Street) MAYFIELD HEIGHTS, OH 44124 4. If Amendment, Date 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 (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 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 03/25/2008 03/25/2008 J(3)   4,678 A $ 0 7,761 I CTR Main Trust - A (1) Class A Common Stock 03/25/2008 03/25/2008 J(3)   4,678 D $ 0 0 I CTR 2008A GRAT (2) Class A Common Stock 03/25/2008 03/25/2008 J(3)   24,056 A $ 0 31,817 I CTR Main Trust - A (1) Class A Common Stock 03/25/2008 03/25/2008 J(3)   24,056 D $ 0 0 I CTR 2008B GRAT - RAIV (6) Class A Common Stock               243 I CTR - RAIV (7) Class A Common Stock               2,500 I CTR 2009A GRAT (2) Class A Common Stock               54,459 I CTR 2009B GRAT - RAIV (6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: 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

$ 0

03/25/2008

03/25/2008

J(3)

106,924

03/24/2006

03/24/2006

Class A Common Stock

106,924

$ 0

0

I

CTR 2008B GRAT - RAI (4)

Class B Common Stock

$ 0 (5)

03/25/2008

03/25/2008

J(3)

106,924

(5)

(5)

Class A Common Stock

106,924

$ 0

106,924

I

CTR Main Trust - B (1)

Class B Common Stock

$ 0

03/25/2008

03/25/2008

J

67,350

03/24/2006

03/24/2006

Class A Common Stock

67,350

$ 0

0

I

CTR 2008B GRAT - RAIV (6)

Class B Common Stock

$ 0 (5)

03/25/2008

03/25/2008

J

67,350

(5)

(5)

Class A Common Stock

67,350

$ 0

174,274

I

CTR Main Trust - B (1)

Class B Common Stock

$ 0

03/24/2006

03/24/2006

Class A Common Stock

7,000

7,000

I

CTR 2009B GRAT (2)

Class B Common Stock

$ 0 (5)

(5)

(5)

Class A Common Stock

0

0

I

CTR 2009B GRAT - RAI (8)

Class B Common Stock

$ 0 (5)

(5)

(5)

Class A Common Stock

680

680

I

CTR - RAIV (7)

Class B Common Stock

(5)

(5)

(5)

Class A Common Stock

152,467

152,467

I

CTR 2009B GRAT - RAIV (6)

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/Constantine E. Tsipis, attorney-in-fact for Clara L.T. Rankin		03/27/2008
**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)	Account transfer.
(4)	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.
(5)	N/A
(6)	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.
(7)	RA4. Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P.
(8)	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 L.T. Rankin. Reporting Person's Son serves as the Trustee of the Trust.---------
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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