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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

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

Post by microcaphobbyon Jun 06, 2023 1:06pm
137 Views
Post# 35482741

another factoid

another factoid

"A study by Car & Driver found that the charging capacity required to supply a large passenger vehicle travel center or truck stop site would be “roughly equivalent to the electric load of a small town.” 

“The electric utilities would need considerable distribution system upgrades, along with transformer capacity,  to support these EV connections,” Ortiz said.

Rapidly expanding EV adoption could have a cascading effect on energy systems everywhere, requiring a massive buildout of charging infrastructure as well as grid modernization technology, said Jason Plane, Utility Segment Manager – North America, for Eaton."

Eaton is a huge supplier of transformers. Hammond might be a good fit for them but a this rate Bill Hammond would need $100 a share  now. 

 
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