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News for August 8, 2022

Clarience Technologies Acquires Pressure Systems International

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Clarience Technologies™  has acquired Pressure Systems International® (P.S.I.),  the world’s top provider of automated tire inflation systems for commercial trailers, expanding the company’s technology portfolio to include tire-related technologies gaining widespread adoption as commercial fleets shift toward electric vehicles.

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Photo courtesy of Pressure Systems International

“As electric vehicle fleets seek to maximize range and minimize downtime, tire rolling resistance plays an increasingly important role in determining EV range,” said Brian Kupchella, Clarience Technologies CEO.

“P.S.I. is an industry innovator that expands our technology capabilities, making the company a strong, strategic fit with Clarience Technologies.”

The acquisition comprises P.S.I. operations and the Truck System Technologies® operations, both located in San Antonio, Texas.

The company will function as a distinct business unit of Clarience Technologies. Tim Musgrave, President, and CEO of P.S.I., will continue to lead the company in his current capacity.

“In 1993, we imagined a better way for fleets to keep their tires at the correct tire pressure. We realized quickly we were doing more than forming a new company — we were launching a new industry,” said Tim Musgrave, President, and CEO, of Pressure Systems Technologies.

“Now, as part of Clarience Technologies, we can continue delivering future innovations to transportation.”

With more than 2 million systems fitted on commercial trailers, P.S.I. has paved the way in driving the adoption of automatic trailer tire inflation systems.

The company has built upon that success, expanding into the RV trailer market in 2017 with its acquisition of Truck System Technologies (TST).

Today, TST offers the only OEM-approved, factory-installed tire pressure monitoring system for travel trailers, a system made available through Thor, Forest River, and Airstream, among others.

Michigan-based Clarience Technologies is the parent company of several brands serving commercial transportation, including Truck-Lite® vehicle lighting solutions, Road Ready™ advanced telematics, DAVCO filtration systems, ECCO safety systems, and LED Autolamps.

The company also owns Rigid Industries, an LED lighting provider serving the off-road recreational vehicle market; Lumitec, a commercial lighting supplier serving the luxury marine market; and Code 3, a lighting and connected systems provider for emergency vehicles.

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Hi, you might find this article from Modern Campground interesting: Clarience Technologies Acquires Pressure Systems International! This is the link: https://moderncampground.com/usa/michigan/clarience-technologies-acquires-pressure-systems-international/