25th March 2019
Clark invests 4.6 million US-Dollar in the U.S. headquarters in Lexington
S-Series for the USA will be from U.S. Production in the Future
Duisburg, 25th March 2019 – Clark plans to expand its North American headquarters in Lexington, Kentucky.
A third production plant will be put into operation at the location in the future, where the S-Series combustion engine counterbalanced trucks for the U.S. market will be produced. The investment volume amounts to 4.6 million U.S. dollars. Series production is expected to start this summer.
“The expansion of our Lexington facility is an important step in positioning Clark for the future,” said Dennis Lawrence, President & CEO of Clark Material Handling Company in the USA. “With the expansion of production, we want to further improve our processes, avoid waste and shorten throughput times. We would like to exceed the expectations of our customers and push our global growth.”
This is already the third expansion of Clark’s Lexington site in four years. As early as 2017, Clark started operating a new R&D/Engineering Centre in the USA, after production was expanded in 2016 to include high-volume models from the closed Mexican plant. In order to meet the growing demand for electric and internal combustion engine industrial trucks, Clark plans to produce almost 80 percent of its products for the U.S. market in Lexington in the future.
Since Clark built the first petrol-powered forklift in 1917, thereby revolutionising material handling, the company has produced more than 1 million forklifts. The inventor of the forklift truck opened its first headquarters in the Bluegrass State in 1974. The company relocated its headquarters in 1985 to its present location in Lexington. The current product range for the U.S. market includes a complete range of electric and combustion engine counterbalance trucks, narrow aisle trucks, warehousing technology and a comprehensive range of services.