Power Solutions International Expands Engine Supply Agreement with HD Hyundai Affiliate
Power Solutions International (PSIX) has amended its existing supply agreement with HD Construction Equipment, an affiliate of HD Hyundai. The updated contract establishes multi-year engine supply commitments, aimed at stabilizing long-term production planning. The expansion is designed to strengthen PSI's supply chain and provide the company with increased visibility into future manufacturing requirements. This strategic move aligns with rising customer demand and secures a consistent revenue stream through the extended partnership.
Tickers: $PSIX
Topics: engine supply strategic partnership supply agreement