WOOD DALE, Ill., Dec. 05, 2017 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. ("PSI") (OTC Pink:PSIX), a leader in the design, engineering and manufacture of emissions-certified, alternative-fuel power systems, today announces the launch of an entirely new Heavy-Duty, natural gas engine family at the ongoing POWER-GEN International Trade Show in Las Vegas, Nevada.
PSI's new Heavy-Duty line is purpose-built for power generation and features four new engines: 32-liter, 39-liter, 53-liter and 65-liter models. The 32-liter and 65-liter models will be on display at POWER-GEN. The new family will cover an expanded natural gas-fueled power range of 500 kWe to 1.25 MW.
"PSI has always led the way in innovation and technology in the gas space and this year is no different," said John Miller, PSI's President and Chief Executive Officer. "The new, expanded product line we're unveiling at POWER-GEN is best-in-class in technology and power density and the most competitive in its power range."
All four of PSI's new Heavy-Duty, natural gas engines will be US EPA-certified. The 32-liter engine on display at POWER-GEN is rated at 500-650 kWe and will be available January 2018. The 65-liter
engine, rated at 1000-1250 kWe, will be available in 2020. The 39-liter and 53-liter engines are rated at 600 kWe and 800-1000 kWe, respectively. Both of these options will be available in the summer of 2018.
In addition to the two new Heavy-Duty engines, PSI will display their all new, higher KW rated 2.4-liter, 3.0-liter, 4.3-liter, 8.8-liter and 21.9-liter engines.
"We're excited to showcase the fruit of our new collaboration with Weichai at this year's POWER-GEN," said Miller. "The synergies in products, technologies and disciplines that this partnership brings together is enabling us both to build a stronger organization."
PSI entered a strategic investment and collaboration agreement with Weichai earlier this year. According to Sherman
Sun, Executive Director and Executive President at Weichai and PSI's Chairman of the Board, PSI now has access to Weichai's international manufacturing facilities and supply chain network, as both organizations look to share best practices and capitalize on their strengths in engine research and development, manufacturing capabilities, procurement, and distribution.
Mr. Miller added that the Weichai collaboration will help PSI to broaden its existing product portfolio to meet the demands of its customers, improve its speed to market, and provide expanded access and exposure to new markets.
PSI is showcasing its engine products at booth #6606 at the POWER-GEN International Trade Show, held at the Las Vegas Convention
Center in Las Vegas, NV from December 5-7.
About Power Solutions International, Inc.
Power Solutions International, Inc. (PSI) is a leader in the design, engineering and manufacture of emissions-certified, alternative-fuel power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers in the industrial and on-road markets. The company's unique in-house design, prototyping, engineering and testing capacities allows PSI to customize clean, high-performance engines that run on a wide variety of fuels, including natural gas, propane, biogas, gasoline and diesel.
PSI develops and delivers powertrains purpose-built for
Class 3 through Class 7 medium-duty trucks and buses for the North American and Asian markets, including work trucks, school and transit buses, terminal tractors, and various other vocational vehicles. In addition, PSI develops and delivers complete industrial power systems that are used worldwide in stationary and mobile power generation applications supporting standby, prime, distributed generation, demand response, and co-generation power (CHP) applications; and mobile industrial applications that include forklifts, aerial lifts, industrial sweepers, aircraft ground support, arbor, agricultural and construction equipment.
Founded in 2002, Weichai Power Co., Ltd. (Weichai) is the largest car parts and power system conglomerate in
China. It controls dozens of quality companies including Shaanxi Heavy-duty Motor Company Limited, Shaanxi Fast Gear Co., Ltd., Zhuzhou Torch Spark Plug Co., Ltd., KION Group AG, Linde Hydraulics GmbH & Co. (KG) and DH Services Luxembourg Holding S.à.r.l. Weichai's business covers four major segments: complete vehicles, powertrains, hydraulics and parts and components, and it formulates one of the most complete and the most competitive industry chains in China. Weichai is listed on the Main Board of the Stock Exchange of Hong
Kong and on the Shenzhen Stock Exchange. For more information on Weichai, visit www.weichai.com.
Weichai America Corp. (Weichai America), headquartered in Chicago, IL, is a fully owned subsidiary company of Weichai Power Co., Ltd.
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Source: Power Solutions International, Inc.
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