Power Solutions
International, Inc. 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
home-delivery trucks. Approximately 70 percent of Schwan's Home Service
fleet of 4,500 delivery trucks runs on liquid propane using Bi-Phase
systems.
Bi-Phase's patented dedicated multi-port systems enable propane to be
injected in a liquid state, which eliminates the need for a troublesome
vaporizer or regulator, improves cold start performance and reduces
backfires. Bi-Phase systems have achieved US EPA and CARB on-highway
certification for several popular engines, including the General Motors
6.0-liter and PSI's 8.8-liter.
"Bi-Phase makes a market-leading propane system that is a key component in
our propane engines. With our manufacturing and supply chain knowledge, we
see a unique opportunity to integrate Bi-Phase systems into many more
products," said Gary Winemaster, PSI's Chairman and Chief Executive Officer.
"Notably, Bi-Phase is an approved supplier to GM for light- and medium-duty
van and truck applications. We expect this acquisition to further strengthen
our partnership with GM, since we can apply this technology to a wider range
of applications."
PSI currently uses the Bi-Phase fuel-injection system on the recently
launched Navistar IC CE Series propane school bus, a new Alkane truck, and
the Capacity TJ5000 LP terminal tractor. The recent acquisition of
Powertrain Integration provides additional fuel system options, which will
further strengthen the company offerings and opportunities.
According to Schwan officials, the company is selling Bi-Phase as part of a
strategy to focus on its core food businesses, brands and services.
"We strongly believe that the propane conversion systems produced by
Bi-Phase are the best on the market today," said Dimitrios Smyrnios, CEO of
The Schwan Food Company. "Ultimately, we know that PSI will have the
expertise to bring new levels of success for Bi-Phase's alternative fuel
systems."
As a part of the agreement, PSI will continue to provide Schwan's fleet with
Bi-Phase systems.
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