Energy & PowerAug 10, 2026

Hammond Power Solutions

Company Profile Analysis

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Hammond Power Solutions - Energy & Power showcase

Year Founded & Workforce

1916-12-31

5,000 Employees

Industry

Energy & Power

Services

Hammond Power Solutions Overview

Company Headquarters: Ontario, Canada

Founded: 1917

Workforce: ~ 5,000

Company Working: Hammond Power Solutions (HPS) is a leading manufacturer of electrical transformers and related magnetic products. With a rich history spanning over a century, HPS has established itself as a trusted provider of high-quality and innovative solutions in the power distribution industry. The company offers a diverse range of transformers, including dry-type, oil-filled, and cast resin transformers, designed to meet the needs of various applications and industries. HPS places a strong emphasis on research and development, continuously striving to enhance its product offerings and technological capabilities. The company is committed to delivering reliable and efficient solutions that optimize power distribution and ensure safe operation. With a global presence, HPS serves customers across a wide range of industries, including industrial, commercial, and institutional sectors. The company's solutions are known for their durability, performance, and compliance with international standards and certifications. HPS also prioritizes sustainability and environmental responsibility, developing energy-efficient transformers and actively pursuing eco-friendly manufacturing practices.

Strategy

Hammond Power Solutions (HPS) strategically positions itself as a leader in the electrical transformer industry by focusing on product innovation, customer satisfaction, and sustainability. The company emphasizes research and development to deliver cutting-edge solutions that meet the evolving needs of customers. HPS strives to provide high-quality, reliable transformers that optimize power distribution and ensure safe operation. Customer satisfaction is a key priority, achieved through responsive service, tailored solutions, and adherence to international standards. Additionally, HPS places a strong emphasis on sustainability by developing energy-efficient transformers and implementing environmentally friendly manufacturing practices. By aligning its strategies with these pillars, HPS aims to maintain its market leadership, drive growth, and deliver value to its customers while contributing to a sustainable future.

Company Snapshot

$322.1M

Revenue

5,000

Employees

1916-12-31

Founded

Ontario, Canada

Headquarters

SWOT Analysis

Strengths

Extensive industry experience with strong employee base
Strong distribution network
High Brand Quality
Wide geographical presence

Weaknesses

Slow and steady revenue growth
High dependence on Asia, and Europe markets

Opportunities

Lower inflation rate
Rapid expansion of economy
The market development might lead to dilution of competitor’s advantage

Threats

Shortage of skilled human resources
Competition for established players

Key Developments

Date	Approach	Development
October 2022	Expansion	Hammond has expanded its presence to sell its HPS transformers products into the Mexican market. The expansion HPS grew its sales there to over USD 5.1 in 2022.
July 2021	Acquisition	Hammond Power Solutions Inc. has completed the acquisition of Mesta Electronics, Inc. (“Mesta”) in the U.S., acquiring a 100% equity ownership. Mesta is involved in the design and manufacture of standard and custom active filter and induction heating products.
July 2021	Acquisition	Hammond has acquired the Mesta business, which makes active harmonic filters (“AHF”), and induction heating products (“IH”). AHF has become an important addition to the power quality portfolio of the company leading to better sales over the foreseen period.

Product Offering

Hammond Power Solutions
- America Transformers Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hammond Power Solutions as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hammond Power Solutions

Company Headquarters: Ontario, Canada Founded: 1917 Workforce: ~ 5,000 Company Working: Hammond Power Solutions (HPS) is a leading manufacturer of electrical transformers and related magnetic products. With a rich history spanning over a century, HPS has established itself as a trusted provider of high-quality and innovative solutions in the power distribution industry. The company offers a diverse range of transformers, including dry-type, oil-filled, and cast resin transformers, designed to meet the needs of various applications and industries. HPS places a strong emphasis on research and development, continuously striving to enhance its product offerings and technological capabilities. The company is committed to delivering reliable and efficient solutions that optimize power distribution and ensure safe operation. With a global presence, HPS serves customers across a wide range of industries, including industrial, commercial, and institutional sectors. The company's solutions are known for their durability, performance, and compliance with international standards and certifications. HPS also prioritizes sustainability and environmental responsibility, developing energy-efficient transformers and actively pursuing eco-friendly manufacturing practices.

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