Monday, July 26, 2021 2:15 PM PDT
(via TheNewswire)
GUELPH, ONTARIO – TheNewswire – July 26, 2021
Hammond Manufacturing Company Limited (HMCL) (TSX:HMM.A) today announced that HMCL’s Board of Directors have approved its capital investment plans to support future business growth. The plans are to build a 96,000 square foot facility that will provide more painting and metal fabrication capacity. The plan is to have the new facility up and running by the end of 2022. The projected budget for building and equipment is around $24.0 million dollars.
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.
Press Release - MINING COM mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
Baylin, Draganfly, Eloro at 52-Week Highs on News Baylin Technologies Inc. (T.BYL) hit a new 52-week high of $1.67 on Tuesday. Baylin is issuing this news release in light of unusual trading activity in its common shares on the Toronto Stock Exchange. In light of that activity, the Company was contacted by the Investment Industry Regulatory Organization of Canada (IIROC) in accordance with its usual practice. While the Company does not normally comment on market activity, at the request of IIROC, the Company confirms that it is not aware of any undisclosed material change in its business that would account for the recent increase in the market price and level of trading volume of its common shares.