Through its subsidiaries, Townsend is actively engaged in developing technologies and products related to maximizing energy efficiencies for use in advanced fuel efficient vehicles, smart grid energy management applications, and the power electronics industry. Townsend’s investment strategy has been to assemble a portfolio of companies to create synergies among its investments. The focused selection of complementary technologies and sales channels enhances the value of the individual companies, as well as the overall investments of Townsend.