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Plug Power Shares In Celebration Of New Ace Hardware Facility In Texas; Ace Orders Additional GenDrive Units

Stocks in this article: PLUG

New GenDrive Order is for Forklift Fleet at Retail Support Center Center Now Under Construction in West Jefferson, Ohio

LATHAM, N.Y., July 10, 2014 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy products, announced it had participated in the recent grand opening of Ace Hardware's first all hydrogen material handling fleet at the company's newly constructed Wilmer, Texas warehouse. In addition, Ace has ordered further GenDrive units for another distribution center being built in West Jefferson, Ohio.

The grand opening event celebrated the launch of the new Ace Hardware Retail Support Center in Wilmer, Texas, where Plug Power has deployed GenDrive hydrogen fuel cell units for the facility's fleet of class-2 and class-3 lift and reach trucks.

Plug Power sales executives Fernando Corral and Gary Bush were at the Wilmer facility celebration to congratulate Ace Hardware and provide insight into the benefits of fuel cell usage to participants who toured the warehouse and observed the hydrogen-powered vehicles in action.

The recently completed 450,000-square-foot building is designed to better support Ace Hardware's growth initiatives, operational productivity and sustainable service capabilities. The site features nearly 90 loading docks where delivery trucks are loaded and unloaded with forklifts that are conveniently fueled in minutes at hydrogen filling stations located on the premises.

Plug Power's fuel cells have been in operation at the Wilmer, Texas Retail Support Center for the last three months. Efficient run-time results there have given Ace Hardware the confidence to move forward with the deployment of GenDrive units at the distribution center now under construction in Ohio. Upon completion of the Ohio site, Ace Hardware will have over 130 hydrogen-powered vehicles within its organization.

"On behalf of Plug Power, I am happy to congratulate Ace Hardware on the grand opening of its new Texas distribution center and launch of the all hydrogen GenDrive-powered forklift fleet," said Fernando Corral, Plug Power's Vice President of Sales. "Our team is extremely pleased to know that the GenDrive fuel cell units deployed in Wilmer are beginning to provide strong operating efficiencies and we look forward to installing the next round of GenDrive units for Ace at its new facility in Ohio."

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