Rudy Hokanson's questions to POWER SOLUTIONS INTERNATIONAL (PSIX) leadership • Q1 2016
Question
Rudy Hokanson from Barrington Research inquired about the company's activities in China, the expected ramp-up speed, the mix of programs there, and the anticipated geographic breakdown of revenue between domestic and international sales for the remainder of 2016.
Answer
Chairman and CEO Gary Winemaster explained that China certification has been delayed by about nine months but is now expected by mid-June, which should unlock pent-up demand in the second half, primarily for on-road bus manufacturers. He also noted a positive development with a first domestic forklift order from a top manufacturer in China. However, Winemaster stated that for forecasting purposes, North American sales will still constitute the majority of the business through 2017, advising a conservative focus on what is known today.