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
Increase Efficiency and Profits with Smarter Logistics Planning
Optimize your fleet by maximizing capacity and reducing empty miles
Download Today!
From the May 2017 Issue
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management, but what sort of technologies fall under these broad terms, and how will they change the management capabilities at our disposal? To find out, we talked to some noted supply chain analysts, consultants and technology executives and gathered six digital trends to watch.
Transportation Trends and Best Practices: The Battle for the Last Mile
2017 Technology Roundtable: Are we closer to “Intelligent” Logistics?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Going Beyond Rate Negotiations for Logistics Cost Savings
The pressure to reduce cost is a fundamental part of every organization today leaving many supply chain professionals constantly renegotiating rates. This webcast examines four areas that may hold untapped savings potentials and even help organizations negotiate better rates.
Register Today!
EDITORS' PICKS
The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...

LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...