Power Solutions International
Wood Dale, Illinois, United States · Energy, Manufacturing, Oil And Gas
Power Solutions International, Inc. (PSI) is a leader in the design, engineering and manufacture of a broad range of advanced, emission-certified engines and power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers and end-user customers within the power systems, industrial and transportation end markets. The Company's unique in-house design, prot
Key facts
- Headquarters
- Wood Dale, Illinois, United States
- Employees
- 501
- Industries
- Energy, Manufacturing, Oil And Gas
- Status
- Public (PSIX)
- Website
- psiengines.com
- Company page
Recent activity at Power Solutions International
- : Power Solutions International, Inc. secures a $220 million committed revolving credit facility to support continued growth. This enhances the company's liquidity and financial flexibility.
- : SEC 8-K (1.01):
- : Power Solutions International Appoints Richard Hu as Chief Executive Officer
- : SEC 8-K (5.02): On July 23, 2026, the Board of Directors of Power Solutions International, Inc. appointed Nan (Richard) Hu as Chief Executive Officer, effective August 17, 2026, following the cessation of Xun (Kenneth) Li's interim tenure. Mr. Hu's appointment was part of a succession planning process and he brings over 25 years of leadership experience from various global roles, including significant positions at BorgWarner, Inc. and Delphi Technologies. His employment is subject to customary pre-employment conditions detailed in the Employment Agreement signed on July 27, 2026, which stipulates an annual base salary of $658,000. This appointment signifies a strategic leadership transition critical for the company's direction and operations.
- : SEC 8-K (5.02): On May 12, 2026, Constantine ('Dino') Xykis resigned from his position as Chief Executive Officer of Power Solutions International, Inc., effective the same day. In connection with his resignation, a Resignation Agreement was established, stipulating that Mr. Xykis will receive his 2025 Key Performance Indicator bonus of $945,611.91 and a Long-Term Incentive bonus of $312,462.09, contingent upon his non-revocation of the agreement. Additionally, he is entitled to cash settlement for vested stock appreciation rights and partial reimbursement of COBRA premiums for up to twelve months. Following his departure, Xu was appointed as the Interim Chief Executive Officer.
- : Power Solutions International acquires MTL for efficiency
- : SEC 8-K (7.01): On March 11, 2026, Power Solutions International, Inc. conducted two investor calls. Following the calls, on March 12, 2026, an unauthorized attendee released a purported transcript of one of the calls on social media, despite the company’s clear instructions against recording or sharing. The company has disclaimed this transcript entirely, emphasizing its unauthorized nature. Attached as Exhibit 99.1 is a summary of these calls, which provides context and insights discussed with investors and analysts.
- : SEC 8-K (5.02):
- : Power Solutions International acquires MTL Manufacturing
- : SEC 8-K (7.01):
Power Solutions International funding history
| Date | Round | Amount |
|---|---|---|
| Sep 2026 | Debt Financing | $220.0M |
Leadership
- Erin Doan, President
- Eric Fowler, Vice President Service and Warranty
- Richard Hu, Chief Executive Officer
- Randall D. Lehner, General Counsel
Verified email and direct lines for Power Solutions International’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Power Solutions International files 4 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Power Solutions International in the news
- Power Solutions International Sets Date for Third Quarter 2026 Earnings Release and Conference Call - The Globe and Mail (Oct 12, 2026)
- Power Solutions International, Inc. to Host Conference Call Discussing Q1 2026 Results and Business Outlook - Quiver Quantitative (Apr 29, 2026)
- Power Solutions International, Inc. Secures $220 Million Committed Revolving Credit Facility to Support Continued Growth - The Manila Times (Sep 30, 2026)
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About Power Solutions International: questions and answers
What does Power Solutions International do?
Power Solutions International, Inc. (PSI) is a leader in the design, engineering and manufacture of a broad range of advanced, emission-certified engines and power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers and end-user customers within the power systems, industrial and transportation end markets. The Company's unique in-house design, prot
Where is Power Solutions International headquartered?
Power Solutions International is headquartered in Wood Dale, Illinois, United States.
How many employees does Power Solutions International have?
Power Solutions International has about 501 employees.
Has Power Solutions International raised funding?
Yes. Fundz has recorded 1 funding event for Power Solutions International. The most recent, Debt Financing of $220.0M, was in Sep 2026.
Who leads Power Solutions International?
Erin Doan is a President at Power Solutions International.
What is the latest news on Power Solutions International?
On Sep 30, 2026, Power Solutions International, Inc. secures a $220 million committed revolving credit facility to support continued growth. This enhances the company's liquidity and financial flexibility.
Is Power Solutions International a public company?
Yes. Power Solutions International is publicly traded under the ticker PSIX.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy