Hammond Manufacturing is trading at CA$31.84 (+23.77%) after reporting record third-quarter revenue and earnings.

  • Net income rose to C$8.25 million from C$3.86 million; sales increased to C$86.47 million from C$70.79 million year over year.
  • Hammond cited strong North American markets, lower U.S. tariff costs and a one-time tariff refund.
  • The C$87 million plan covers a new Fergus facility and Guelph upgrades, alongside Palmerston expansion plans; fully utilized investments are projected to add at least C$200 million in annual incremental revenue capacity.