Company Overview

CORPORATE OVERVIEW

Hammond Power Solutions Inc. (TSX: HPS.A) is a North American leader for the design and manufacture of   dry-type custom electrical engineered magnetics, electrical dry-type and cast resin transformers. Leading edge engineering capabilities, high quality products, and responsive service to customers’ needs have all served to establish HPS as a technical and innovative leader in the electrical and electronic industries.

Transformers are a necessary part of industry whether it is in mining, manufacturing, oil and gas, steel, waste and water treatment or wind power; HPS transformers are the dominant brand sourced for some of the most unique applications, in the harshest environments, in the most remote countries around the world.

HPS has operations in Canada, the United States, Mexico, Italy and India.

COMPANY MILESTONES

2014
Hammond Power Solutions Inc. announces joint venture agreement with National Material LP

2013
Acquisition of Marnate Trasformatori s.r.l. in Varese, Italy

2011
Acquisition of Pan-Electro Technic Enterprises in Hyderabad, India
Acquisition of Euroelettro Hammond S.p.A. in Vicenza, Italy

2010
Expansion of manufacturing capacity at Guelph, Ontario operation

2009
Expansion of manufacturing capacity and warehousing at Granby, Quebec operation

2008
Start-up of second manufacturing facility in Mexico
New logistics centre in Canada
Acquisition of Delta Transformers Inc. (largest Canadian competitor)

2007
The Company celebrates 90 years

2001
HPS was created when the original company split into two strategic and separate entities.
HPS ventures into Mexico with the construction of a state-of-the-art facility in Monterrey.

1917
Hammond Manufacturing founded in 1917 where tube radios were manufactured until 1927 when the company began building transformers.

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