Hammond Manufacturing Company Limited Announces Business Expansion Support Funding

Hammond Manufacturing Company Limited Announces Business Expansion Support Funding

ID: 401629

(firmenpresse) - GUELPH, ONTARIO -- (Marketwired) -- 06/18/15 -- Hammond Manufacturing Company Limited (HMCL) (TSX: HMM.A) today announced it will be receiving support from Ontario as it expands production at its Guelph plant which will create 55 new jobs and retain 324 positions over five years.

With $1.5 million in support from the Southwestern Ontario Development Fund paid out over the next 6 years and conditional on adding 55 new jobs, Hammond Manufacturing will upgrade the process it uses to make metallic and non-metallic enclosures that are used to protect electrical control panels from dust, oil and water. The company will invest in automated equipment to help it expand production and become more efficient. The project also includes energy saving upgrades and water recycling investments.

About Hammond Manufacturing Company Limited

Hammond Manufacturing Company Limited manufactures a broad range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers.



Contacts:
Hammond Manufacturing Company Limited
Robert F. Hammond
Chairman and CEO
Tel. (519) 822-2960
Fax. (519) 822-7289
Email:



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Bereitgestellt von Benutzer: Marketwired
Datum: 18.06.2015 - 20:14 Uhr
Sprache: Deutsch
News-ID 401629
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contact information:
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GUELPH, ONTARIO



Kategorie:

Hardware



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