Business

Clark acquires electric car company

Lexington-based forklift manufacturer Clark Material Handling Co. announced Thursday that it has acquired EverGreen Electric Vehicles. Financial terms were not disclosed.

In a statement, Clark said the acquisition expands Clark's product lines to include industrial vehicles, utility vehicles and golf cars.

"Industrial vehicles are a market segment many of our dealers already participate in, and EverGreen's addition will only strengthen the position of many of our dealers in their specific territories," Clark CEO Dennis Lawrence said in a statement.

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