Hammond Power Solutions is trading at $280.80 (+10.07%) after announcing a long-term lease for a new Fort Worth, Texas manufacturing facility targeting data-centre and power-infrastructure demand.
- The initial phase requires approximately $50 million and could add $250 million in annual capacity.
- Production will begin in stages during Q4 2027.
- Trading activity is notably strong as shares extend recent gains; confidence is medium based on company-released and Canadian Press reporting.