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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Industrials
Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products are essential and ubiquitous in electrical distribution networks through a range of end-user applications. Its products include power transformers, furnace transformers, converter transformers, unitized substations, control & automation products, low voltage distribution products, medium voltage distribution products and others. It supports solid industries, such as oil and gas, mining, steel, waste and water treatment, commercial construction, data centers and wind power generation. It has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe.


TSX:HPS.A - Post by User

Hammond Power Solutions Inc
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Post by retiredcfon Mar 30, 2024 6:45am
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Post# 35960856

Globe's Stars & Dogs

Globe's Stars & DogsHammond Power Solutions Inc. (STAR)

 

$145.01+25.24 (21.07%)  Past five days

Business quiz! Shares of Hammond Power Solutions Inc. rose after the manufacturer of electrical transformers: a) announced that it had developed a “proprietary technology that uses high-voltage electricity to convert raw sewage into gold and silver”; b) won an exclusive contract to supply electrical equipment to hotels and casinos on the Las Vegas strip; c) announced that fourth-quarter sales jumped nearly 30 per cent to a record $187-million and net income rose 9.2 per cent to $19.9-million or $1.68 a share, prompting the company to hike its dividend. Answer: c.
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