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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

Comment by Catscratchon Aug 28, 2023 12:37pm
143 Views
Post# 35608284

RE:Eaton capital investment

RE:Eaton capital investmentI don't see any cracks in the energy transition tidal wave that is helping drive HPS' sales.  If anything it's building momentum.  The headlines in the news are constant.... Here's another from today's financial post:  

https://financialpost.com/commodities/energy/electric-vehicles/electric-cars-pass-a-crucial-tipping-point-canada

Separately, the investments behind the energry transition are huge.  Brookfield (one fo the largest asset managers in the world) is ploughing money into businesses just like Hammond Power.


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