Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s): HMDPF

Industrials

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.

TSX:HPS.A - Post by User

Hammond Power Solutions Inc

<< Previous

Bullboard Posts

Next >>

Post by microcaphobbyon Dec 03, 2020 3:27pm

251 Views

Post# 32030402

business is very good

three pieces of evidence:

1. raised dividend
2. opened new 100,0000 sq foot warehouse in Reno, Nevada. The new facility replaces the existing warehouse in Compton, CA, with plant operations in Compton being unaffected.

3. Huge demand for their products as electricity demands increase. The move from gas/oil to electricity is creating unprecedented demand for their products. This stock will exceed the old highs by miles.

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023