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Two Power Houses Unite

The Lifting Power of Hyster-Yale and the Hydrogen Power of Nuvera united on December 18, 2014, when Nuvera Fuel Cells was acquired by NACCO Materials Handling Group (NMHG). NMHG’s parent company, Hyster-Yale Materials Handling (NYSE: HY), is a global leader in lift trucks and other industrial vehicles. The addition of Nuvera to the Hyster-Yale family represents

NMHG’s vision to offer its customers access to some of the most advanced power options in the world, enabling them to meet ever more demanding requirements to increase productivity, reduce cost, and support green initiatives. NMHG expects to be the first global lift truck OEM to offer fuel cell power, along with single-source hydrogen supply solutions based on on-site hydrogen generation. 

Since its founding in 2000, Nuvera has developed a complete portfolio of hydrogen fuel and power products (generation, compression, storage, and dispensing, along with fuel cell power power) for logistics, aerospace, and automotive markets. We will continue commercialization of PowerEdge™, a replacement for lead acid batteries currently used for electric lift trucks that is quickly refueled, easily installed, and never needs swapping. And we will continue to offer our PowerTap™ product line of hydrogen supply equipment. Hyster-Yale is committed to bringing the premium hydrogen product technology of Nuvera to demanding customers who rely on operational dependability.

 

Learn more about the game-changing vision by two premium names in their respective markets:

Hyster-Yale Materials Handling – a global leader in lift trucks, and

Nuvera Fuel Cells – an industry leader in hydrogen power and supply solutions.

 
Topics: Forklift Operations Career, Involvement, Commitment Industry Innovation