PSI and SmartEquip sign agreement
By Murray Pollok24 June 2008
Illinois-based PSI sells around 40000 GM LPG engines every year, many to OEM companies manufacturing equipment including aerial platforms, forklift trucks, and compact industrial equipment such as sweepers and scrubbers. PSI's clients include JLG, Skyjack, Tennant and Hako.
It will mean that any rental company subscribing to SmartEquip will be able to identify and order parts for any of the GM industrial engines in their fleets through the SmartEquip online system. SmartEquip's rental clients include United Rentals and Sunbelt Rentals.
Alex Schuessler, SmartEquip's chief executive officer, told IRN that the GM engine data will be incorporated into the SmartEquip systems by the end of the year.
"We're trying to grow our business in the rental market", said Gary Winemaster, PSI president, "and the alliance with SmartEquip is a way of doing that...[it gives us] the ability to have all our parts books on a readily available platform around the world."
The link between SmartEquip and PSI will have further potential benefits as well, since one of PSI's sister companies is Mastertrak, the machine telematics specialist that was recently chosen by JLG as the telematics partner for its ClearSky connected asset system.
Mastertrak and SmartEquip have already announced an alliance that will make it easy for fleet owners to integrate data coming from their telematics system with their parts ordering and preventive maintenance activities.
Mr Winemaster tells IRN that PSI could integrate Mastertrak telematics technology into 10000 engines this year; "Our two-year goal is that everything we sell will go out with telematics."