Pressure Systems International, the manufacturer of the Meritor Tire Inflation System by PSI, reported record sales through the third quarter of 2010.
MTIS with ThermAlert, the patented wheel end heat sensing warning device available only with MTIS. now accounts for 41 percent of PSI's production.
2010 sales for the company have increased 198 percent over 2009 with domestic sales to trailer manufacturers continuing to increase. A significant portion of PSI's sales in 2010 are for existing trailer retrofits, explained Debra Moore, Regional Sales Manager for PSI "The more trailers outfitted with MTIS, the more savings a fleet can realize through better fuel economy and improved tire wear. Retrofitting MTIS to existing trailers is very simple and an economical way to realize those savings. PSI sales through September do not include an order for 10,000 retrofit kits received from a major fleet late in the third quarter."
While many companies were cutting back manufacturing capacity in light of the poor industry forecasts for 2010, PSI maintained their ability to fill orders quickly, including increasing inventory levels.
Pressure Systems International Reports Record Sales Through Third Quarter
Pressure Systems International, the manufacturer of the Meritor Tire Inflation System by PSI, reported record sales through the third quarter of 2010
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