Plug Power (PLUG) announced the successful deployment of its GenDrive hydrogen fuel cell systems and GenFuel hydrogen infrastructure at Floor & Decor’s (FND) Frederickson, WA distribution center. This partnership marks the first implementation of a zero-emission material handling fleet for the leading specialty retailer of hard-surface flooring. Plug has equipped Floor & Decor’s Frederickson facility with a complete hydrogen ecosystem, powering 77 pieces of material handling equipment with Plug’s end-to-end hydrogen infrastructure. This includes a 10,000-gallon liquid hydrogen storage tank, vaporizers, compressors and a high-capacity dispensing system designed for high-throughput operations.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
- Mixed options sentiment in Plug Power with shares down 8.81%
- Plug Power’s Strategic Positioning and Growth Potential in the European Hydrogen Market
- Plug Power completes first stage of hydrogen supply delivery for H2CAST
- Plug Power’s Strategic Initiatives and Cost Management Drive Buy Rating and Increased Price Target
- Mixed options sentiment in Plug Power with shares down 1.3%
