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POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
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Create: Alert |
All | News | Filings
Date Filed | Type | Description |
08/14/2023 |
8-K
| Quarterly results |
07/27/2023 |
8-K
| Submission of Matters to a Vote of Security Holders Interactive Data |
05/11/2023 |
8-K
| Quarterly results |
04/25/2023 |
8-K
| Quarterly results |
03/31/2023 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits Interactive Data
Docs:
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"UNITED STATES SECURITIES AND EXCHANGE COMMISSION",
"Power Solutions International Announces Fourth Quarter and Full Year 2022 Financial Results WOOD DALE, Ill., March 31, 2023 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced fourth quarter and full year 2022 financial results. Fourth Quarter 2022 Results Sales for the fourth quarter of 2022 were $137.0 million, an increase of $10.0 million, or 8%, versus the comparable period last year. The improvement in sales is comprised of increases of approximately $19.5 million and $10.0 million in the industrial and power systems end markets, respectively, partially offset by a decrease of $19.5 million in the transportation end market. The increased sales within the industrial end market primarily r..." |
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03/27/2023 |
8-K
| Entry into a Material Definitive Agreement, Financial Statements and Exhibits Interactive Data |
12/02/2022 |
8-K
| Quarterly results |
11/14/2022 |
8-K
| Quarterly results |
09/22/2022 |
8-K
| Resignation/termination of a director |
08/29/2022 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs:
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"Employment Agreement, effective as of August 29, 2022, by and between Kenneth Li and Power Solutions International, Inc",
"Power Solutions International Appoints Kenneth Li as Chief Financial Officer WOOD DALE, Ill., August 29, 2022 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that Xun Li has joined the Company as its chief financial officer, effective August 29, 2022. Mr. Li succeeds Matthew Thomas, who has served as interim chief financial officer since April 2022. Mr. Thomas will resume his role as corporate controller. Dino Xykis, interim chief executive officer, commented, “We are delighted to welcome Ken to PSI. His demonstrated success as a CFO and as a strategic contributor to company performance will serve us well as PSI continues executing its business objectives and works to generate long-term p..." |
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08/11/2022 |
8-K
| Quarterly results |
07/25/2022 |
8-K
| Quarterly results |
07/18/2022 |
8-K
| Quarterly results |
06/02/2022 |
8-K
| Quarterly results |
05/16/2022 |
8-K
| Quarterly results |
04/21/2022 |
8-K
| Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S...
Docs:
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"UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549",
"Shareholder’s Loan Agreement, between the Company and Weichai America Corp",
"Power Solutions International Announces Additional $30 Million Shareholder Loan Agreement With Weichai America WOOD DALE, Ill., April 21, 2022 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it entered into an additional shareholder's loan agreement with its majority stockholder, Weichai America Corp. , dated as of April 20, 2022 . The Fourth Shareholder's Loan Agreement, which matures on March 31, 2023, provides the Company with access to up to $30 million of credit at the discretion of Weichai to supplement the Company's working capital. The Fourth Shareholder's Loan Agreement is subordinated in all respects to the Company's existing $130 million uncommitted senior secured re..." |
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03/31/2022 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits Interactive Data
Docs:
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"UNITED STATES SECURITIES AND EXCHANGE COMMISSION",
"Power Solutions International Announces Fourth Quarter and Full Year 2021 Financial Results WOOD DALE, Ill., March 31, 2022 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced fourth quarter and full year 2021 financial results. Fourth Quarter 2021 Results Sales for the fourth quarter of 2021 were $127.0 million, an increase of $22.0 million, or 21%, versus the comparable period last year. The improvement in sales is comprised of increases of approximately $8.3 million, $7.9 million, and $5.8 million in the transportation, industrial and power systems end markets, respectively. Higher transportation end market sales were primarily driven by increased sales in the medium duty truck market due ..." |
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03/30/2022 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs:
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"Power Solutions International Announces CFO Transition WOOD DALE, Ill., March 30, 2022 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that effective April 8, 2022 , it will appoint current corporate controller Matthew Thomas as its interim chief financial officer while the Company conducts a search for a permanent chief financial officer. Mr. Thomas will succeed Donald P. Klein, who will be departing the Company to pursue other interests. Mr. Klein's resignation is unrelated to any disagreement with the Company. Mr. Klein will continue to serve in his current role until the effective date to ensure an orderly transition. Mr. Thomas, who possesses over 12 years of experience in the areas ..." |
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03/28/2022 |
8-K
| Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S...
Docs:
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"Second Amended and Restated Uncommitted Revolving Credit Agreement, among the Company, certain subsidiaries of the Company party thereto, the lenders party thereto and Standard Chartered Bank, as administrative agent",
"Second Amended and Restated Shareholder’s Loan Agreement, between the Company and Weichai America Corp",
"First Amended and Restated Shareholder’s Loan Agreement, between the Company and Weichai America Corp",
"Power Solutions International Announces Extension to Credit Agreement WOOD DALE, Ill., March 28, 2022 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it entered into an amended $130.0 million uncommitted senior secured revolving credit agreement with Standard Chartered Bank as administrative agent , and the lenders party thereto from time to time. The Second Amended and Restated Credit Agreement, which is fully drawn as of this date, extends the maturity date of loans outstanding under the Company's previous credit facility to the earlier of March 24, 2023 or the demand of Standard Chartered. As part of the amendment, Standard Chartered agreed to waive any existing event of default u..." |
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12/17/2021 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs:
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"UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549",
"Retirement Agreement and Release, between the Company and Kenneth Winemaster",
"KEN WINEMASTER ANNOUNCES RETIREMENT FROM PSI WOOD DALE, Ill., December 17, 2021 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that after 36 years at PSI, Executive Vice President and Company co-founder, Ken Winemaster is retiring from the company effective December 31, 2021. His operational duties will be assumed internally. In his role as Executive Vice President, Ken Winemaster played a critical role in setting and executing the Company's strategy by supporting operations, supply chain, IT and customer service functions. He also played a pivotal role in implementing PSI's enterprise resource planning systems. “Ken's contributions to PSI since its founding are numerous. On behalf..." |
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12/16/2021 |
8-K
| Quarterly results |
12/13/2021 |
8-K
| Quarterly results |
11/15/2021 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits Interactive Data |
11/12/2021 |
8-K
| Quarterly results
Docs:
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"UNITED STATES SECURITIES AND EXCHANGE COMMISSION",
"Power Solutions International Announces Third Quarter 2021 Financial Results WOOD DALE, Ill., November 12, 2021 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced third quarter 2021 financial results. Third Quarter 2021 Results Sales for the third quarter of 2021 were $117.6 million, an increase of $3.2 million, or 3%, compared to the comparable quarter last year as a result of higher sales of $10.7 million in the industrial end market, partly offset by decreases of $5.5 million and $2.0 million within the transportation and energy end markets, respectively. The increase in industrial end market sales was primarily due to higher demand for products across various applications, with the large..." |
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08/11/2021 |
8-K
| Quarterly results |
07/20/2021 |
8-K
| Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S...
Docs:
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"Shareholder's Loan Agreement, between the Company and Weichai America Corp",
"Power Solutions International Announces Additional $25 Million Shareholder Loan Agreement With Weichai America WOOD DALE, Ill., July 20, 2021 — Power Solutions International, Inc. , a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it entered into an additional shareholder's loan agreement with its majority stockholder, Weichai America Corp. , dated as of July 14, 2021 . The Shareholder's Loan Agreement, which matures on May 20, 2022, provides the Company with access to up to $25 million of credit at the discretion of Weichai to supplement the Company's working capital. Borrowings under the Shareholder's Loan Agreement will incur interest at the applicable rate of LIBOR + 4.50% per annum. As of July 15, 2021, PSI has b..." |
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06/01/2021 |
8-K
| Quarterly results |
05/12/2021 |
8-K
| Quarterly results |
05/03/2021 |
8-K
| Quarterly results |
03/30/2021 |
8-K
| Quarterly results |
03/26/2021 |
8-K
| Quarterly results |
02/16/2021 |
8-K
| Quarterly results |
01/25/2021 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
12/31/2020 |
8-K
| Quarterly results |
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