Hammond Power Solutions is trading at $271.05, up +6.25%, after announcing a long-term lease for a new Fort Worth, Texas manufacturing facility.
- Announced September 22, 2026, the site targets rising transformer demand from data centers, electrification, and power infrastructure.
- Initial production is expected in the fourth quarter of 2027, adding approximately C$250 million in annual capacity with about C$50 million of planned investment.
- Broader markets were mixed, making the company announcement the clearest catalyst.