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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 Jun 06, 2023 1:06pm
172 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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