PSS Expands Manufacturing Capabilities and Contracts Since 1971
PSS has significantly expanded its manufacturing and remanufacturing capabilities through multiple acquisitions and contracts. This growth enhances PSS's position in the automotive supply chain and reflects increasing demand for reliable steering and drivetrain components.
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PSS has acquired several manufacturing licenses and remanufacturing rights, including from Adwest and TRW, enhancing its product offerings in steering components. Notable contracts include the first supply of OE Series 600 Power Steering Pumps for U.S. military vehicles and a direct contract with the U.S.
Department of Defense. Since 2009, PSS has supplied over 550,000 OE Steering Columns and over 250,000 OE & OES Series 600 Power Steering Pumps. The establishment of a new 'clean room' assembly area signifies an investment in quality control for both manufactured and remanufactured products. Continued growth in this sector indicates potential opportunities and risks as demand fluctuates in the automotive market.
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