Innovation is the driving force behind progress in the material handling industry, and each year, the MHI Innovation Awards recognize the most groundbreaking solutions shaping the future. In 2025, Concentric’s PowerHIVE™ has been named a finalist in the Best Innovation of an Existing Product category, standing alongside other cutting-edge advancements in the industry.
The MHI Innovation Award is one of the most prestigious honors in the supply chain and material handling industry. The award highlights solutions that push the boundaries of efficiency, safety, and sustainability. Judged by industry experts, the competition evaluates each entry based on its concept, value, and impact on real-world operations. Being recognized as a finalist is a testament to a company’s ability to lead and innovate in an evolving market.
The PowerHIVE™ solution’s proven productivity is transforming how warehouses and distribution centers think about energy management. As facilities increasingly adopt lithium-ion batteries for their fleets, efficient and scalable charging solutions have become essential. PowerHIVE™ provides a centralized, intelligent charging system that optimizes battery usage, reduces downtime, and extends battery life.
Unlike traditional decentralized charging methods, PowerHIVE™ creates a shared power ecosystem where forklifts and material handling equipment can seamlessly charge without the inefficiencies of conventional stations. This system allows facilities to maximize uptime while reducing unnecessary energy waste. With nearly 100,000 battery reloads completed in customer facilities across the USA, PowerHIVE™ continues to set the standard for reliable and scalable power solutions.
Several key features set PowerHIVE™ apart from other charging solutions:
Being named a finalist for the 2025 MHI Innovation Award is a significant milestone for Concentric. It highlights the company’s commitment to creating forward-thinking solutions that directly address the challenges faced by modern distribution and logistics operations.
Concentric’s recognition also underscores the broader industry shift toward smarter, more efficient energy solutions. As companies continue to navigate labor shortages, rising operational costs, and the push for sustainability, innovations like PowerHIVE™ are helping pave the way for the next generation of material handling excellence.
As a finalist, Concentric will showcase PowerHIVE™ at PROMAT 2025, the largest international manufacturing and supply chain show in the United States. Attendees will have the opportunity to see PowerHIVE™ in action and learn how it can transform their facility’s energy strategy. If you’re attending, be sure to visit Concentric’s booth to experience firsthand how PowerHIVE™ is revolutionizing lithium battery charging.
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