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Hammond Power Solutions Acquires Micron Industries Assets
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Hammond Power Solutions Acquires Micron Industries Assets

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Hammond Power Solutions (TSE:HPS.A) has released an update.

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Hammond Power Solutions Inc., a prominent dry-type transformers and power quality solutions manufacturer, has finalized the acquisition of assets from the U.S.-based Micron Industries Corporation. The integration aims to expand HPS’s product range and reinforce its market position, especially in OEM markets, by leveraging Micron’s manufacturing capabilities to meet increasing demands for energy-efficient and automation solutions in North America.

For further insights into TSE:HPS.A stock, check out TipRanks’ Stock Analysis page.

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