Hammond Power signs long-term lease for Texas plant
Hammond Power Solutions signed a long-term lease for a Fort Worth, Texas plant expected to add ~CAD $250M annual manufacturing capacity from Q4 2027, with potential ~CAD $400M on full build-out. Initial phase capex is ~CAD $50M funded from cash and credit.
Hammond Power Solutions signed a long-term lease for a Fort Worth, Texas plant, with the facility expected to add about CAD $250M in annual manufacturing capacity from Q4 2027. On full build-out, capacity could rise to about CAD $400M. Initial phase capex is about CAD $50M, to be funded from cash and credit.