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EconomicCanada·29 Oct 2026

Hammond Power Solutions Reports Third Quarter 2026 Financial Results

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Hammond Power Solutions (HPS) reported record third-quarter 2026 financial results, highlighted by $446 million in sales—a 104.4% increase over the third quarter of 2025. CEO Adrian Thomas attributed the growth to strong customer demand and operational execution, supported by a 61.1% year-over-year increase in the company's power magnetics backlog. The…

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