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PTI Holdings Corporation, parent of PTI, acquired the Winnipeg transformer manufacturing operations formerly owned by CG Power Systems Canada, Pauwels Canada and Federal Pioneer Limited. The acquisition doubles PTI's capacity and expands manufacturing capabilities to 600MVA and 525kV.
“The acquisition of the Power Transformer Operations in Winnipeg is an important step towards expanding PTI’s product and technological portfolio”ptitransformers.com
Summarized from public sources; check the original articles before acting on it.