🟢 Hammond Power Solutions is trading 6.25% up today after announcing long-term lease for Fort Worth facility

Hammond Power Solutions is trading 6.25% up at $271.05 after announcing a long-term lease for a new Fort Worth, Texas manufacturing facility.

• The facility targets rising transformer demand from data centers, electrification, and power infrastructure.
• HPS expects approximately CAD $50 million in initial investment and CAD $250 million in added annual manufacturing capacity, with production beginning in stages during Q4 2027.
• The expansion announcement is the clearest catalyst for the September 22, 2026 move.