Hammond Manufacturing Company Limited (TSX:HMM.A) reported record revenue and earnings for the third quarter ending September 25, 2026, according to a company press release issued via NEWMEDIAWIRE. The results reflect continued strength across North American markets, a reduction in US tariff-related costs compared to 2025, and a one-time refund of US IEEPA tariffs.
The Guelph, Ontario-based company, which supplies electrical enclosures and related products to global customers, said its proactive strategy to protect and strengthen US business has enhanced its competitive position despite an evolving trade environment. Management expressed confidence in its ability to respond effectively to changing market conditions.
Alongside the quarterly results, Hammond’s Board of Directors approved an additional $87 million capital investment plan. The plan includes building an approximately 160,000 square foot industrial electrical enclosure manufacturing facility in Fergus, Ontario, and modernizing the company’s existing facility in Guelph. The Fergus facility is expected to be operational in the second half of 2028, while upgrades to the Guelph facility are targeted for completion by the second half of 2029.
The new investment builds on an 85,000 square foot facility expansion in Palmerston, Ontario, announced on March 13, 2026, which is expected to become operational in the second half of 2027. Together, the Palmerston expansion and the newly approved Fergus and Guelph projects are anticipated to create at least $200 million per year of incremental revenue-generating capacity once fully utilized.
For readers seeking more detailed financial information, the company has provided a resource where Click Here to see more information regarding financial results. The original release is also available on www.newmediawire.com.
The announcement carries significant implications for the industrial manufacturing sector and the North American supply chain. By expanding its Ontario manufacturing base, Hammond is positioning itself to capture growing demand for electrical enclosures while mitigating the impact of US trade policies. The multi-year investment plan, totaling well over $170 million when including the Palmerston project, signals long-term confidence in domestic production capacity and could bolster regional employment and supplier networks in Ontario.
Hammond emphasized its commitment to customer service, competitive pricing, and building long-term security and growth for stakeholders. The company also expressed appreciation for the involvement of all parties in its success. With the new capacity expected to come online in phases through 2029, the investments are likely to strengthen Hammond’s ability to serve global customers and adapt to shifting market conditions.
