OpenGate Capital, a global private equity firm, announced in a joint statement with its portfolio company, Power Partners, Inc., a US-based manufacturer of distribution transformers, that PPI has completed phase one of a multi-phase investment in state-of-the-art production lines.

The newly completed high volume production line will be fully functioning at the start of July, with two additional lines scheduled to be complete by the end of this year. The new production lines will result in safety and quality improvements as well as enhanced manufacturing and flexibility, and upon completion will increase capacity at PPI by more than 45%.

Andrew Nikou, CEO and Managing Partner at OpenGate Capital stated, “OpenGate Capital has been committed to investing in PPI in order to drive operational improvements, accelerate production innovation and allow the company to better serve its customers. The completion of this new production line is a tremendous milestone in the company’s multi-phase operational improvement plan.”

PPI Chief Executive Officer, Jack Roberts commented, “Our new production line builds on already installed, new quality and testing systems and reinforces PPI’s commitment to better serving its customers and the distribution transformer market. The new production lines will increase our production capacity, drive efficiencies and allow the company to handle significant spikes in demand from weather-related or other natural disasters.”