SAN ANTONIO — Pressure Systems International Inc. (P.S.I.), a developer of commercial vehicle tire inflation systems, has acquired Truck System Technologies Inc. (TST), a Cumming, Ga.-based provider of tire pressure monitoring and mobile asset management systems technology.
P.S.I. President and CEO Tim Musgrave called the acquisition a "perfect complement to our automatic tire inflation systems," especially in light of the pending Greenhouse Gas Phase 2 (GHG-2) trailer regulations — which set fuel-economy standards for trailers and box trucks — becoming effective January 2018.
Financial terms of the deal were not disclosed. P.S.I. did not comment on TST's sales potential.