Pioneer Power Solutions, Inc. (Pioneer) is a manufacturer of specialty specialty electrical transmission and distribution equipment and provides a broad range of custom-engineered and general purpose solutions for applications in the utility, industrial and commercial markets. The Company provides through its three operating subsidiaries, Pioneer Transformers Ltd., Jefferson Electric, Inc. and Bemag Transformer Inc., a range of electrical transformers for applications in the utility, industrial and commercial segments of the electrical transmission and distribution industry. The Company has operations in the United States, Canada and Mexico. The Company's customers include a range of national and regional utilities and industrial companies, which are primarily located in North America. On March 6, 2013, the Company acquired Power Systems Solutions Inc.