Power Solutions International Inc. (PSI) has acquired MTL Manufacturing & Equipment Inc. (MTL), a metal and steel manufacturing company. Based in Beloit, Wisconsin, MTL manufactures and supplies a range of fabricated products including switchgear subbases, electrical enclosure assemblies, and various size fuel tanks used in large power generation products for applications such as data centers. MTL’s abilities include full engineering capabilities, and vertically integrated manufacturing. MTL also holds several certifications including UL142, ULC S601 and UL2085. MTL has two locations in Beloit, totaling over 185,000 sq.ft. (16,722 m2) of manufacturing space.
PSI specializes in the design, engineering, and manufacture of engines, power systems, and accessories. PSI provides integrated turnkey solutions to global original equipment manufacturers and end-user customers within the gas compression, power systems, industrial, and transportation end markets.
The acquisition is expected to enhance PSI’s position in the data center market through vertical integration of MTL’s specialized manufacturing capabilities. The integration is designed to provide improved supply chain control, reduced lead times, and access to MTL’s established UL certifications.
MTL’s current management team will continue to lead operations following the acquisition.
“We are bringing together the efforts of the two companies and creating a strategic partnership between PSI and MTL,” said Dino Xykis, chief executive officer of PSI. “MTL has a long history of engineering and manufacturing high quality products that are an integral part of our custom enclosures, as well as the market in general. We will bring the strengths of both companies together to take advantage of the data center market demands where capacity and vertical integration are key enablers to success.”
