Hammond Power Solutions increases capital program by $20 million for Monterrey expansion

Hammond Power Solutions announced an increase of approximately $20 million in its planned capital program over 2024 and 2025 to expand production in Monterrey, Mexico, for custom power transformers.

“These investments will be made over the course of 2024 and 2025 to expand production in Monterrey to build custom power transformers which will remove current capacity bottlenecks and add significantly to our revenue capacity.”globenewswire.com

• 2 sources
• globenewswire.comHammond Power Solutions Increases Planned Capital ProgramHammond Power Solutions IncAug 26, 2024
• globenewswire.comHammond Power Solutions Increases Planned Capital ProgramHammond Power Solutions IncAug 26, 2024

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