Hammond Power Solutions Completes Asset Purchase of Micron Industries Corporation

October 8, 2024

Hammond Power Solutions Inc. has completed the previously announced acquisition of assets relating to the operations of Micron Industries Corporation on October 7, 2024, a company based in the United States.

The acquisition is structured as an asset purchase through HPS’ U.S. subsidiary. HPS will continue to operate the Micron Industries assets and continue to market the branded product offerings as previously sold by Micron Industries.

“We are excited to welcome Micron Industries into the HPS family. The combined expertise of our teams is a significant step forward in our growth strategy to offer an even broader array of innovative solutions to our customers and strengthen our reputation for high quality products and services, especially within our OEM markets,” said Adrian Thomas, CEO of HPS.

“Industrial control transformers are essential for protecting sensitive equipment and align with our focus on power quality solutions. With rising demand for US-made products in energy efficiency and automation projects, integrating Micron Industries into HPS is expected to enhance our ability to meet this growing market. Micron’s US-based manufacturing strengthens our service to customers across the US and North America, supporting our domestic growth and industrialization efforts.”

“We are thrilled to join forces with HPS” said Norm Bates, CEO of Micron Industries. “Our shared vision and commitment to excellence make this combination an ideal fit. Together, we will be able to deliver unparalleled value to our customers and drive future growth.”

Source

Related Articles


Changing Scene

  • Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Noramco invites you to join them in welcoming Samantha Boernsen as Regional Sales Manager, Winnipeg. Samantha brings a wealth of experience in the electrical industry, with a strong focus on lighting, marketing strategy, and customer engagement. She has built her career on connecting technical expertise with real-world application, making her a trusted partner to clients… Read More…

  • Noramco Announces Cary Pepper as New Regional Sales Manager – OEM, Mississauga

    Noramco Announces Cary Pepper as New Regional Sales Manager – OEM, Mississauga

    Noramco invites you to join them in welcoming Cary Pepper as Regional Sales Manager – OEM, Mississauga. Cary is a dynamic business leader with more than 24 years of experience driving growth and leading high-performing teams in competitive markets. She brings a proven track record of launching innovative products, consistently exceeding sales targets, and cultivating… Read More…


Peers & Profiles