Hammond Power Solutions Increases Planned Capital Program

September 2, 2024

Hammond Power Solutions Inc. has announced its intention to increase its planned capital program by approximately $20 million over two years.

“Hammond continues to experience favourable industry tailwinds for certain products driven by the electrification of our economy,” said Adrian Thomas, CEO of Hammond Power Solutions. “These investments will be made over the course of 2024 and 2025 to expand production in Monterrey to build custom power transformers which will remove current capacity bottlenecks and add significantly to our revenue capacity.”

This new expansion will support Hammond’s power transformer portfolio of large, high-power transformers which are widely used in several commercial and industrial markets. With this expansion, Hammond will shorten wait times and enhance our North American delivery platform.

Since 2022, Hammond Power Solutions has invested approximately $80 million in capacity increases for its entire product range, the most recent being our new facility in Monterrey to build small low voltage and power quality products, which opened at the end of the second quarter of 2024.

Related Articles

Latest Articles

  • CAF-FCA Provides Recomendations on Apprenticeship Investment

    CAF-FCA Provides Recomendations on Apprenticeship Investment

    April 13, 2025 CAF-FCA have provided an outline of actionable recommendations—developed through national consultation—to enhance accessibility, reduce financial barriers, and better align apprenticeship training with industry needs. Source Read More…

  • New Report: Preparing Alberta’s Buildings for Severe Weather

    New Report: Preparing Alberta’s Buildings for Severe Weather

    April 13, 2025 Alberta is facing more severe weather events, with rising temperatures, wildfires, and more frequent extreme storms threatening homes and businesses. Our report, Preparing Alberta’s Buildings for Severe Weather−written in partnership with the Alberta Ecotrust Retrofit Accelerator program−highlights the need for deep retrofits to ensure the province’s buildings can withstand these changing conditions. Four… Read More…

  • CCA Bulletin: Managing Tariff Risks in Construction Projects

    CCA Bulletin: Managing Tariff Risks in Construction Projects

    April 13, 2025 This bulletin was prepared by select members of the Canadian Construction Association’s (CCA) General Contractors National Advisory Council. Its purpose is to assess the potential impacts of tariffs and counter-tariffs on general contractors in Canada focusing specifically on: In both areas, the bulletin explores both upstream and downstream impacts – examining how… Read More…

  • Video: ABB Installation Products Proudly Powering Canada

    Video: ABB Installation Products Proudly Powering Canada

    April 7, 2024 From coast to coast, ABB Installation Products is built by Canadians, for Canadians—delivering high-quality solutions that power industries and support communities across the country. Read More…

Changing Scene

  • PEI’s First Net Zero Ready School Officially Opens

    PEI’s First Net Zero Ready School Officially Opens

    April 13, 2025 Island students, their families and the Sherwood school community came together today to celebrate the opening of PEI’s first net zero ready school. The new Sherwood Elementary School, built next to the former school, offers over 82,000 square feet of space with many innovative features to promote enhanced learning experiences for up… Read More…

  • Nova Scotia Invests to Connect Nova Scotians to Skilled Trades

    Nova Scotia Invests to Connect Nova Scotians to Skilled Trades

    April 13, 2025 The Province is helping more Nova Scotians explore and connect to careers in skilled trades through a $10-million investment in the construction industry. The investment will support more skilled trades training through three key initiatives: “Nova Scotia needs more skilled trades professionals to support our growing economy and to build the homes,… Read More…

  • PEI Tables Bill Aimed to Eliminate Trade and Labour Barriers

    PEI Tables Bill Aimed to Eliminate Trade and Labour Barriers

    April 13, 2025 Hon. Rob Lantz, Premier of Prince Edward Island, introduced the Interprovincial Trade & Mobility Act in the provincial legislature. This bill will allow Prince Edward Island to eliminate unnecessary barriers to trade and labour mobility with reciprocating jurisdictions.   The Bill will accept provincial inspections and standards on goods coming from a… Read More…

  • PEI Minimum Wage Set to Increase

    PEI Minimum Wage Set to Increase

    April 13, 2025 Minimum wage in Prince Edward Island will increase incrementally to $17 per hour by April 1, 2026.  The Employment Standards Board reviews minimum wage annually and provides their recommendation to government.  Go HERE for more information Source Read More…