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Power Solutions International Strengthens Longstanding HD Construction Equipment Partnership with Multi-Year Engine Supply Commitment

  • Power Solutions International (PSIX) amended its long-standing supply agreement with HD Construction Equipment (HCE), an affiliate of HD Hyundai.
  • The amendment establishes multi-year engine supply commitments to reinforce the partnership & support PSI's growth in the power generation market.
  • The agreement is part of PSI's Power Boost 2030 vision & strategy to meet accelerating demand for reliable natural gas power solutions.
  • PSI integrates HCE engine long blocks into power systems for stationary generation, targeting growth in data centers & critical infrastructure.
  • The deal provides PSI with price certainty, a defined delivery schedule, & improved supply chain visibility.
  • PSI's supply relationship with HCE & its predecessors dates back to 2007.
  • Risk factors include dependence on HCE for engine delivery, advance payment obligations, potential price increases in 2029 if purchase volumes fall below 90%, & macroeconomic volatility.
Company
Power Solutions International, Inc.
Keywords
Nasdaq:PSIX, Power Solutions International, Inc.