Hammond Power Solutions Inc Cl A
About
Hammond Power Solutions, Inc. engages in the design, manufacture, and sale of dry-type power distribution transformers. Its products include control and automation, low voltage distribution, medium voltage distribution and power, and potted and specialty. The firm serves the oil and gas, steel, waste and water treatment, and wind power generation industries. The company was founded by Oliver Hammond and Len Hammond in 1917 and is headquartered in Guelph, Canada.
Growth
Hammond Power Solutions (HPS) is a well-established enterprise in the renewable energy market, with a strong focus on transformer and reactor solutions for solar and wind energy projects. The company has a global presence, serving customers in the Americas, Asia, and EMEA regions. HPS has been a key player in the industry for over 100 years, continuously improving profitability and shareholder return through innovative products and reliable magnetic solutions.
Achievements
Throughout its history, HPS has achieved significant milestones in becoming the largest manufacturer of dry-type transformers in North America. The company's commitment to product development and technological advancements has fueled its expansion into global markets, exporting a wide range of standard and custom transformers worldwide. HPS has built a strong reputation for quality and reliability, leading to sustained growth and market leadership in the renewable energy sector.
Case Studies
One notable case study for HPS is its involvement in providing transformer solutions for a large-scale solar power plant in Asia. HPS's high-quality products and technical expertise were crucial in the successful implementation of the project, demonstrating the company's capabilities in supporting renewable energy initiatives on a global scale. This case study showcases HPS's commitment to innovation, reliability, and sustainability in the renewable energy market.
Key Events
In the past year, Hammond Power Solutions has launched several new products tailored for the renewable energy sector, including advanced transformer and reactor solutions for solar and wind energy applications. The company has also entered into strategic partnerships with leading solar power producers to expand its market reach and enhance customer value. Additionally, HPS has secured funding for research and development efforts to drive product innovation and further strengthen its position as a key player in the renewable energy industry.
Socials
Founded
-
Operating Status
Active
Industry
Industrial Goods
headquarters
Address
595 Southgate Drive Guelph Ontario N1G 3W6 Canada...
Country
Canada
Employees
1530
Key People
J. David M. Wood (Director)
Adrian Thomas (Chief Executive Officer & Director)
John Bailey (Chief Operating Officer)
Products
Compact Substations
Pad Mounted Transformers
Unitized Substations
Revenue
558.46 M
Operating Income
Stock Price
$130.48
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Hammond Power Solutions Inc Cl A
-
Website
-
Founded
-
-
Industry
Industrial Goods
-
Address
595 Southgate Drive Guelph Ontario N1G 3W6 Canada...
-
Country
Canada
-
Number of employees
1530+
-
Revenue
558.46 M
About Hammond Power Solutions Inc Cl A
Hammond Power Solutions, Inc. engages in the design, manufacture, and sale of dry-type power distribution transformers. Its products include control and automation, low voltage distribution, medium voltage distribution and power, and potted and specialty. The firm serves the oil and gas, steel, waste and water treatment, and wind power generation industries. The company was founded by Oliver Hammond and Len Hammond in 1917 and is headquartered in Guelph, Canada.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
