🟢 Hammond Power Solutions is trading 7.58% up today after announcing Fort Worth manufacturing facility lease

Hammond Power Solutions is trading at $192.78, up 7.58%, after announcing a long-term lease for a new Fort Worth, Texas manufacturing facility.

• The facility is expected to add approximately CAD $250 million in annual capacity initially, potentially reaching CAD $400 million after expansion.
• Production is expected to begin in stages during Q4 2027, supported by approximately CAD $50 million in planned investment.
• Stronger data-centre and power-infrastructure demand provides additional context for the expansion.