Subscribe to our free, weekly email newsletter!


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 Modern Materials Handling Staff
February 18, 2014

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 Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Join Associate Editor Josh Bond and lift truck industry training expert, Jim Shephard share all the findings of Modern's annual Lift Truck User Survey. During this webcast, you'll receive detailed insights into users' practices around procuring, utilizing and maintaining their fleets.

Having grown from a local tool and die business established in 1962, company becomes 20th certified robot integrator.

Company celebrates 15th year on the NASDAQ since IPO in 1999.

Open Sky has already completed more than 270 supply chain software projects for clients in various industries.

Name change to take effect on Sept. 1; no changes planned for product line.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA