Pioneer Power Solutions, Inc. (NASDAQ:PPSI)

Tuesday, February 6, 2018 | Web News
GB Pioneer Power Solutions Inc. (NASDAQ:PPSI) ($7.5; 65.4M market cap) announced a new five year contract for network transformers with...
Friday, November 10, 2017 | Web News
GB Pioneer Power Solutions Inc. (NASDAQ:PPSI) ($7.53; mc $65.6m) announced Q3 2017 results:...
Friday, August 11, 2017 | Web News
GB PPSI ($5.90) announced Q2 2017 results: Sales of $30.9 million vs $29.9 million in the...
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We are a leading North American designer, manufacturer and marketer of liquid-filled electric power, distribution and specialty transformers. We have been in the transformer business for over 50 years and distinguish ourselves by manufacturing a wide range of customized, engineered-to-order equipment for our customers. We serve Canadian and U.S. clients in a variety of industries with particular emphasis on the electric utility, industrial and commercial construction markets.

An electric transformer is used to reduce or increase the voltage of electricity traveling through a wire. This is accomplished by transferring electric energy from one coil or winding to another coil through electromagnetic induction. Electric power plants use generator transformers to "step-up," or increase, voltage that is transferred through power lines in order to transmit the electricity more efficiently and over long distances. When the high voltage electricity reaches a community, a "step-down" transformer reduces its voltage. A distribution transformer makes a final step-down in voltage by diminishing the force of the electricity to a level usable in homes and businesses. Some electrical devices, such as doorbells and small appliances, use additional step-down transformers to decrease voltage even further.

Last updated February 28, 2010