Transformer maker Pioneer buys switchgear provider Power Systems Solutions
Power Systems Solutions, announced that the acquisition of PSSI by Pioneer's unit, Pioneer Critical Power Inc., was completed on March 6, 2013
Electrical transformer manufacturer Pioneer Power Solutions Inc. and paralleling switchgear provider Power Systems Solutions, announced that the acquisition of PSSI by Pioneer's unit, Pioneer Critical Power Inc., was completed on March 6, 2013.
Founded in 1997, PSSI is a supplier of specified and engineered paralleling switchgear and generator controls for the electrical power generation industry. The company provides customers with on-site power controls, switchgear and remote monitoring capabilities to maintain reliable emergency standby power at their critical sites such as data centers, hospitals, industrial facilities, office complexes and other sites where emergency backup power sources are required.
In addition to protecting customer operations from the consequences of power outages, PSSI also offers utility paralleling and soft loading equipment. These solutions enable on-site customers and utility companies to parallel multiple generators with the utility power grid for peak shaving and demand/load side management of electrical power.
Pioneer Power Solutions, Inc. is a manufacturer of specialty electrical equipment and provides through its four operating subsidiaries, Pioneer Transformers Ltd., Jefferson Electric, Inc., Bemag Transformer Inc. and Pioneer Critical Power Inc., a broad range of custom-engineered and standardized solutions for applications in the utility, industrial and commercial segments of the electrical transmission and distribution industry. The company is headquartered in Fort Lee, New Jersey and operates from seven additional locations in the U.S., Canada and Mexico for manufacturing, centralized distribution, engineering, sales and administration.