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Power Solutions ( (PSIX) ) has provided an announcement.
On March 2, 2026, Power Solutions International, Inc. announced it had acquired MTL Manufacturing & Equipment Inc., a Beloit, Wisconsin-based specialist in welded and fabricated steel components such as switchgear subbases, electrical enclosure assemblies and fuel tanks for large power generation and data center applications. PSI purchased 100% of MTL’s stock using existing cash and assumed certain equipment-related debt, while MTL’s management will remain in place to maintain operational continuity.
The deal brings MTL’s 185,000 square feet of vertically integrated manufacturing capacity, engineering expertise and UL-certified products into PSI’s operations, closely aligning with PSI’s nearby enclosure facilities and strengthening its data center-focused power generation offerings. By internalizing key steel fabrication capabilities, PSI expects greater supply chain control and shorter lead times, sharpening its competitive position in the rapidly expanding data center market and offering operational benefits to customers reliant on reliable power infrastructure.
The most recent analyst rating on (PSIX) stock is a Buy with a $79.00 price target. To see the full list of analyst forecasts on Power Solutions stock, see the PSIX Stock Forecast page.
Spark’s Take on PSIX Stock
According to Spark, TipRanks’ AI Analyst, PSIX is a Neutral.
Power Solutions International’s overall stock score is driven by strong corporate events and a reasonable valuation, offset by challenges in financial performance and technical analysis. The record Q3 results and strategic focus on high-growth sectors are positive, but the bearish technical indicators and cash flow concerns warrant caution.
To see Spark’s full report on PSIX stock, click here.
More about Power Solutions
Power Solutions International, Inc. is a U.S.-based manufacturer specializing in advanced, emissions-certified engines, power systems and accessories for power systems, industrial and transportation markets. The company offers integrated, fuel-agnostic turnkey solutions for stationary and mobile power generation, including fast-growing data center applications, as well as engine and battery powertrain solutions for off-road and specialized vehicles worldwide.
Average Trading Volume: 448,216
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.92B
See more insights into PSIX stock on TipRanks’ Stock Analysis page.