M&A
confidence high
sentiment positive
materiality 0.70
Power Solutions International acquires MTL Manufacturing to boost data center power supply chain
POWER SOLUTIONS INTERNATIONAL, INC.
- Acquired 100% of MTL Manufacturing & Equipment Inc., a steel fabrication company in Beloit, WI, for cash and assumed equipment debt.
- MTL operates two facilities (185,000+ sq ft) with UL certifications (UL142, ULC S601, UL2085) for fuel tanks and enclosures.
- Acquisition expected to enhance PSI's vertical integration for data center power generation, improving supply chain control and lead times.
- MTL's management team will continue to lead operations post-acquisition, ensuring customer continuity.