MHI acquires IPW

News Story
- 14 Jul 2022 ( #1085 ) - Dalton, GA, United States
1 min read
Toyota Material Handling is buying PennWest Toyota Lift
Toyota Material Handling is buying PennWest Toyota Lift

Material Handling Inc. (MHI) has acquired Savannah, Georgia-based IPW. IPW was founded by Chris Reynolds in 2000 and currently operates two locations serving the Savannah, Southern Georgia and the Charleston, South Carolina markets. 

"We are thrilled to join an organisation with the extraordinary commitment to excellence like MHI. They will make our company stronger and dramatically improve our ability to serve our customers’ future needs," says Reynolds.

MHI is a family-owned and -operated business that began in 1975 in Dalton, Georgia with locations in Dalton and Gainesville, Georgia; Knoxville, Chattanooga and Nashville, Tennessee; Bowling Green, Kentucky; and Birmingham, Alabama.

MHI supplies new and used forklifts, materials handling equipment, warehouse and safety products, pallet racking, dock and door equipment and services, short-term and long-term rentals, parts, forklift operator training, battery and charger systems and service, and more to their wide network of customers.

"We are honoured to include IPW as the newest chapter to our story,” says MHI CEO Patrick Sain. “MHI will support Chris Reynolds and the leadership team to continue to serve current and future customers with unparalleled excellence."

"IPW's industry-specific expertise in manufacturing, warehousing and distribution, along with its dedicated customer base, is a perfect addition to MHI's focus in these growing markets," says Mike Sain, president of MHI. "We look forward to providing the additional resources and support to grow the company to the next level."

Financial details of the deal were not disclosed.

Briefs
Briefs 26 Jun 2025 - 1 min read
Noblelift moves to acquire Canadian distributor
Noblelift moves to acquire Canadian distributor 26 Jun 2025 - Quebec, Canada - 1 min read
Bolzoni acquires specialist equipment manufacturer
Bolzoni acquires specialist equipment manufacturer 29 May 2025 - Piacenza, Italy - 1 min read
Previously about:
Clark recognises Material Handling Inc News Story - 12 May 2011 - Dalton, GA, United States - 2 min read
Clark programs gets dealers’ attention News Story - 11 Jun 2009 - Lexington, KY, United States - 2 min read
Material Handling Inc Industry Profile - 12 Jun 2008 - NASHVILLE, TN, United States - 3 min read
Do you have materials handling news? Submit your news here
Inside The News
While innovation and new technology are evolving at what seems to be an ever-increasing pace, the need to capture the data (telemetry) from this tech, and the ability to utilise it (telematics) for efficiency and cost savings, is one area attracting more and more attention ... Continue reading

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!

Words of support …

The cooperation with Forkliftaction has been exceptional. It's always a pleasure to work with specialists who know the inside out of the industry

Ane Miren Elorza, Communications Specialist

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Inside The News
While innovation and new technology are evolving at what seems to be an ever-increasing pace, the need to capture the data (telemetry) from this tech, and the ability to utilise it (telematics) for efficiency and cost savings, is one area attracting more and more attention ... Continue reading

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Hangzhou Manforce Material Handling Equipment Co., Ltd
Specializing in Nichi and conventional forklift products, we create significant value for all our partners!

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com