US-based forklift truck manufacturer Clark Material Handling plans to invest US$4.6 million in the expansion of its North American headquarters in Lexington, Kentucky.
A third production plant will be added to the site, with series production of its S-Series combustion engine counterbalanced trucks for the US market expected to start this summer.
This is the third expansion of Clark’s Lexington facility in four years. In 2017, the company opened a research and development (R&D) and engineering centre, following the expansion of its production in 2016 to include high-volume models from the closed Mexican market.
Dennis Lawrence, President and CEO of the company, said, “The expansion of our Lexington facility is an important step in positioning Clark for the future.”
He added, “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.”
In the future, Clark plans to produce close to 80% of its products for the US market in Lexington, to meet the growing demand for electric and internal combustion engine industrial trucks.