Lexington-based industrial vehicle company Clark Material Handling announced plans Wednesday to add production of golf carts and other electric vehicles to its local operations. As part of the addition, the company anticipates hiring at least 20 new employees.
The expansion is linked to the company's purchase in October of EverGreen electric vehicles, the financial terms of which were not disclosed.
EverGreen's product line ranges from traditional golf carts to industrial electric vehicles, which are sold under the name Hoss. The latter include flatbed transports used in factories, and carts used for agricultural purposes, said Chuck Moratz, Clark's chief operations officer.
The vehicles are manufactured in a California factory that Clark plans to close.
"We have a small manufacturing operation here and just being able to get more volume through here will allow us to be more efficient and productive," Moratz said. The consolidation will allow more focus to be placed on product engineering and increase purchasing power through suppliers, he said.
Clark intends to maintain EverGreen's Colorado-based sales force, he said.
"We think this is going to be pretty big growth for us," Moratz said. "We've had some of their larger international dealers in from Brazil and Israel, and there's lots of growth potential in this industry."
Scott Sloan: (859) 231-1447. Twitter: @HeraldLeaderBiz.