Hammond Power Solutions Increases North American Manufacturing Capacity

GUELPH, Ontario, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS” or “Company”; TSX: HPS.A), a leading provider of magnetic and power electronic solutions, announced that it has signed a long-term lease for a new manufacturing facility in Fort Worth, Texas. The facility will expand HPS’s ability to serve U.S.-based customers requiring large standard and custom-engineered transformers. The Fort Worth facility is strategically located to improve proximity to key customers, shorten delivery distances for certain products and enhance HPS's ability to serve core end markets.