Hammond Power Solutions Inc. HPSA.TO

HPSA.TO Company Overview

Hammond Power Solutions Inc. (HMDPF) is a Canadian manufacturer of dry-type transformers, power quality products, and related magnetic components used in electrical power distribution and industrial applications. The company operates within the electrical equipment and power infrastructure industries, serving utilities, industrial manufacturers, renewable energy developers, commercial construction firms, data centers, mining operations, and OEM customers. Its primary revenue drivers include the sale of low- and medium-voltage dry-type transformers, custom magnetic products, reactors, and engineered power quality solutions used in energy distribution, automation, and grid modernization projects.

The company traces its origins to 1917 and has evolved from a regional transformer manufacturer into a multinational supplier with operations across North America, India, and other international markets. Hammond Power Solutions has developed a competitive position through its specialization in dry-type transformer technology, vertically integrated manufacturing capabilities, engineering customization, and broad distribution relationships. The company is publicly traded on the Toronto Stock Exchange under the symbol HPS.A and also trades in the United States on the OTC market under HMDPF.