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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
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•••
Post by sjc444on Sep 23, 2024 1:15pm
104 Views
Post# 36236667

Micron

MicronIt will be interesting to see why Hammond bought 
Micron.Is it
1) Just because there is value in the price they are paying for the existing business?
2) Hammond believes it can increase Micron's sales through their business contacts?
3) Micron has excess capacity allowing it to produce Hammond products?
Or some combination of these factors.
At the very latest we will know when they announce their 3Q results.
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