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Tuesday, Aug 20
Plug Power gains on Mercedes-Benz US International order for its fuel cell units
- Plug Power (PLUG +6.8%) gains after saying that Mercedes-Benz US International has ordered 123 additional hydrogen-based GenDrive fuel cell units to power new forklift trucks for its material handling fleet at a logistics hub now under construction in Tuscaloosa, Alabama.
- Last July, Mercedes purchased 72 GenDrive fuel cells for the lift truck fleet at its Tuscaloosa vehicle assembly plant.