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Hammond Power Solutions officially opened a new 36,000 sq ft warehouse in Reno, Nevada on January 13, 2020, replacing its Compton, California warehouse, to improve shipping lead times and accommodate growing product sales.
TMC Transformers Spa announced the acquisition of the Hammond Power Solutions SpA business branch in Marnate, Italy, formerly owned by Marnate Trasformatori. The acquisition aims to consolidate TMC's growth in the dry type transformer market.
Hammond Power Solutions Inc. (HPS) announced it has signed a definitive agreement to acquire AEG Power Solutions, a global manufacturer of industrial power electronics. The acquisition is subject to regulatory approvals and customary closing conditions.
| Site | Largest | Latest |
|---|---|---|
| Reno, United States | 2020-01-13 |