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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

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

Post by microcaphobbyon Oct 31, 2022 2:43pm
199 Views
Post# 35060864

Interesting part of their news release

Interesting part of their news releaseGiven our momentum and the number of opportunities we see around us, we are prudently moving ahead with selective and increased capital spending plans to expand our manufacturing capacity and service capabilities. These investments will solidify our market-leading position through improved lead times and inventory levels, and more efficient manufacturing capabilities.

In other words, they are not at peak earnings. Lots of growth opportunities. Bill Hammond is likely to see a number of offers to sell. I hope he does not take anything  less than $40/share.



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