Power Solutions International Purchases Alternative Fuel-Injection System Company Bi-Phase Technologies
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Power Solutions (PSIX) Acquires Bi-Phase Technologies
May 11, 2015 2:04 PM UTCPower Solutions International, Inc. (Nasdaq: PSIX), the global alternative-fuel engine company, today announced that it acquired the electronic fuel-injection system manufacturer Bi-Phase Technologies LLC. Bi-Phase has been a privately held subsidiary of The Schwan Food Company, a national food manufacturer and marketer.
Based in Eagan, Minnesota, Bi-Phase Technologies designs and manufactures electronic fuel-injection systems that enable gasoline engines to be fueled by liquid propane. After developing a successful liquid propane fuel-injection prototype in 1994, Bi-Phase was purchased by Schwan in 1999 so the company could use the technology on its fleet of propane-powered... More
