Clarience Technologies announced it acquired Pressure Systems International (P.S.I.), provider of automatic tire inflation systems for commercial truck trailers. This acquisition expands the company’s technology portfolio to include the tire-related technologies gaining widespread adoption as commercial fleets shift toward electric vehicles, Clarience says.
The acquisition includes P.S.I. operations as well as the Truck System Technologies operations, both located in San Antonio, Texas. The company will operate as a distinct business unit of Clarience Technologies. Tim Musgrave, president and CEO of P.S.I., will continue to lead the business in his current capacity.
“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.”
With nearly 2 million of its systems installed on commercial trailers, P.S.I. has led the way in driving adoption of automatic trailer tire inflation systems, Clarience says. The company has built upon that success, expanding into the RV trailer market in 2017 with their 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.
“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 Musgrave. “Now, as part of Clarience Technologies, we can continue delivering future innovations to transportation.”
Michigan-based Clarience Technologies is parent company to 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.
