About Hammond Power Solutions

Hammond Power Solutions Inc. designs, manufactures, and sells a range of custom and standard dry-type, cast resin and liquid filled transformers and wound magnetic products for the electrical and related industries. The company has a joint venture, Corefficient S. de R.L. de C.V. with National Materials to manufacture transformer cores. Strategy The company’s strategy is to pursue business opportunities that would expand its production capacity, introduce new product lines and add new geographic markets. Sales and Marketing The company employs a direct sales force and has various non-exclusive, independent sales agencies. It also has sales representatives in Canada, U.S. and India. The company serves three primary markets – original equipment manufacturers, capital projects and maintenance, repair and overhaul market. Each of these three major markets consists of a range of sub-markets. Some of the major markets served by the company include transformers for power conditioning, crane and hoist manufacturers, mining equipment, drive systems, motor control, internet switching and power systems, oil pumping equipment and power distribution equipment. The company is the major transformer supplier to electrical equipment manufacturers and also distributors worldwide. These companies and buying groups include General Electric, Siemens, Toshiba International, Schneider, Rockwell, ABB, Eaton Corp., Caterpillar, Metalec, Rexel, Wholesale Electric, Affiliated Distributors, Consolidated Electrical Distributors, Graybar, IMARK, WESCO, Guillevin, Piller, and Sonepar. The company’s sales are spread among various markets, industries and customers. Competition The company’s competitors include large companies, such as Asea Brown Boveri Inc., Siemens, General Electric, Eaton Corp., Schneider Electric and others. History Hammond Power Solutions Inc. was founded in 1917. The company was incorporated in 2000.