Power Solutions International announces strategic supply agreement with NACCO

PSI to supply NHMG with engines using propane and compressed natural gas for 1-ton to 8-ton forklifts.

By ·

Power Solutions International, a leader in the design, engineering and manufacture of emissions-certified alternative-fuel and conventional power systems announced today a multi-year supply agreement with NACCO Materials Handling Group, Inc. (“NMHG”), the global forklift manufacturer. PSI will supply NMHG with alternatively-fueled power systems.

The NMHG agreement marks the launch of PSI’s long-term 2.0-liter and 2.4-liter power system program, which has been in progress for two years. PSI’s new engine displacements provide more power and torque and improved fuel efficiency at lower speeds. In late 2012, PSI earned US Environmental Protection Agency and California Air Resources Board certification for both systems for large spark-ignited (LSI) engines for mobile applications running on propane and natural gas.

In addition to the 2.0-liter and 2.4-liter power systems, PSI will also continue to supply 4.3-liter and 5.7-liter power systems to NMHG, making PSI a supplier of internal combustion engines for NMHG’s 1-ton to 8-ton forklift applications. PSI specifically designed all four systems to run on propane and collaborated with NMHG on development of a newly certified compressed natural gas system.

“Earning NMHG’s long-term business marks a key milestone for PSI. Throughout this partnership, we have worked hard to exceed NMHG’s expectations and this new agreement recognizes that effort,” said PSI president and CEO Gary Winemaster. “It is a significant validation for our capabilities and valued partnership.”

NMHG provides the strategic leadership and global support behind Hyster and Yale lift trucks and is a wholly owned subsidiary of Hyster-Yale Materials Handling. PSI will manufacture the power systems in its Wood Dale, Ill., facility in the US. However, production will likely expand in the future to the company’s new facilities in Dalian, China as needs arise to best serve the extended global footprints of both NMHG and PSI.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
The E-commerce Logistics Revolution
The technology and processes that are revolutionizing logistics and supply chain operations are helping today’s organizations keep pace with digital commerce.
Download Today!
From the January 2018 Logistics Management Magazine Issue
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network.
The Future of Retail Distribution
Navigating the Reverse Supply Chain for Connected Devices
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
IAM, IoT and the Connected Supply Chain
There are three primary models of Identity and Access Management (IAM) technology that CTOs, CSOs, and Supply Chain executives are using to enhance their trading partner communities. While each leverages IAM and the IoT as core components only an “Outside-in” approach truly connects people, systems and things reliably and securely across the supply chain.
Register Today!
EDITORS' PICKS
State of Global Logistics: Delivering above and beyond
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and...
2018 Rate Outlook: Economic Expansion, Pushing Rates Skyward
Trade and transport analysts see rates rising across all modes in accordance with continued...

Building the NextGen Supply Chain: Keeping pace with the digital economy
Peerless Media’s 2017 Virtual Summit shows how creating a data-rich ecosystem can eliminate...
2017 NASSTRAC Shipper of the Year: Mallinckrodt; Mastering and managing complexity
An inside look at how a large pharmaceutical firm transformed its vendor and supplier relationships...