Power Solutions International amends engine supply deal with HD Construction Equipment
Power Solutions International amended its long-running supply agreement with HD Construction Equipment, which covers GV22TI engine long blocks for 2027 and 2028 at a fixed unit price, with aggregate purchases of approximately $121.9 million. The company must make advance payments equal to 10% of each year's volume before receiving related customer payments, and a possible 2029 price increase applies if purchases fall below 90% of the scheduled volume.
Key points
- Unit price for GV22TI engine long blocks is fixed for engines ordered and shipped on or before December 31, 2028.
- Agreed 2027 and 2028 volumes represent aggregate purchases of approximately $121.9 million at the fixed price.
- Advance payments of 10% of each year's volume are due by November 30, 2026 (2027 volume) and June 30, 2027 (2028 volume).
- If purchases over the 24-month period are less than 90% of scheduled volume, the parties will discuss a recovery mechanism that may include a 2029 price increase.
The filing
Written by AI on Nov 10, 2026, 6:16 AM ET, from this filing only.
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