General News

Visit HPS at Solar Power International

Posted:
Aug. 16 2019
Category:
Canada,Careers,General News,Product,USA

HPS is exhibiting at Solar Power International (SPI), in Salt Lake City, UT, September 23-26th, 2019.  SPI continues to be the largest and fastest growing solar energy show in North America that attracts industry experts across the globe. This will be the fifth consecutive year HPS has exhibited at the show. HPS will showcase a […]

Q2, 2019 Financial Results

Posted:
Jul. 23 2019
Category:
General News,Investor Relations

Quarter 2, 2019 – Continuing Strong Earnings Growth • 22% sales growth • 15% increase in bookings • 6% backlog rise • Quarter EPS from continuing operations of $0.29 Guelph, Ontario, July 23, 2019 – Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today […]

New Director of Business Development, EMEA

Posted:
Jun. 5 2019
Category:
Canada,Careers,General News,Product,USA

HPS is pleased to announce the appointment of Markus Rocca as Director of Business Development, EMEA, effective Monday June 3rd 2019. Markus has worked for HPS in Europe, where he was our Director of Sales since November 2017. He has a Bachelor’s Degree in Business and Industrial Engineering from the Karlsruhe University of Applied Science, […]

Hammond Power Solutions Declares Quarterly Dividend

Posted:
May. 30 2019
Category:
General News,Investor Relations

Guelph, Ontario, May 30, 2019: (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (“HPS”) declared a quarterly cash dividend of seven cents ($0.07) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of seven cents ($0.07) per Class B Common Share of HPS payable on June 18, 2019, […]

Launch of NRCan 2019 Compliant Transformers

Posted:
Apr. 29 2019
Category:
Canada,General News,Product

HPS offers a complete line of energy efficient low voltage & medium voltage distribution transformers and energy efficient drive isolation transformers to meet the latest energy efficiency regulations in Canada. Natural Resources Canada (NRCan) has established new energy efficiency levels for transformers in Canada effective April 30, 2019.  The new NRCan regulation SOR/2018-201 is intended […]

Quarter 1, 2019 Financial Results

Posted:
Apr. 25 2019
Category:
General News,Investor Relations

Strong Quarter – Increased Sales, Backlog, Earnings and Dividend 20% sales growth 20% backlog rise 33% lift in earnings 17% dividend increase EPS from continuing operations of $0.21 Guelph, Ontario, April 25, 2019 – Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced […]

New HPS TruWave Active Harmonic Filter

Posted:
Apr. 9 2019
Category:
General News

HPS has a new addition to our line of power quality products – HPS TruWave Active Harmonic Filter (AHF). The new HPS TruWave combines advanced control and proven reliability to provide a comprehensive and flexible solution for harmonic mitigation. HPS TruWave is designed to achieve total harmonic distortion, or THD, ≤ 5%, while requiring minimal […]

Quarter 4, 2018 Financial Results

Posted:
Mar. 7 2019
Category:
General News,Investor Relations

HIGHLIGHTS Record Sales Growing market share in North America Surging booking and backlog levels Discontinuance of Italian operation Basic earnings per share from continuing operations $0.69 2019 dividend increase Guelph, Ontario, March 7, 2019 – Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type, cast resin transformers, liquid filled and related magnetics, […]

Hammond Power Solutions Declares Quarterly Dividend

Posted:
Mar. 4 2019
Category:
General News,Investor Relations

Guelph, Ontario, March 4, 2019:  The Board of Directors of Hammond Power Solutions Inc. (“HPS”) declared a quarterly cash dividend of seven cents ($0.07) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of seven cents ($0.07) per Class B Common Share of HPS payable on March 26, 2019 to shareholders […]

Hammond Power Solutions Announces Plant Closure of Its Italian Operation

Posted:
Dec. 18 2018
Category:
General News,Investor Relations

Guelph, Ontario, December 18, 2018 – Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) today announced its intention to discontinue and close its manufacturing operations in their Marnate, Italy facility. The closure process will occur over the next several months. William G. Hammond, Chairman and CEO, stated “the decision to close the Marnate facility was a […]

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