PSI acquiring Powertrain Integration

Power Solutions International (PSI) agreed to purchase Powertrain Integration LLC, the on-highway power systems manufacturer in Madison Heights, Mich.

The deal is valued at nearly $30 million and is expected to close in about 30 days.

According to a press release, both companies share a long history and strong relationships with General Motors (GM). Powertrain Integration has provided GM on-highway powertrain systems, components and services for niche on-highway OEMs and fleets for more than 10 years. The company specializes in gasoline and alternative fuel systems, including ones for propane autogas.

PSI is now positioned as an on-highway OEM integrator for GM powertrains, using the GM 8.0-liter, 6.0-liter and 4.8-liter engine blocks, along with other new options as they become available.