Hammond Manufacturing Company Limited

Hammond Manufacturing Company Limited

October 19, 2009 09:31 ET

Hammond Manufacturing: Press Release

GUELPH, ONTARIO--(Marketwire - Oct. 19, 2009) - HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces the sale of the property located at 213 Sterling Rd, Toronto. This property was held in 1159714 Ontario Inc., which is owned 50% by the Company and 50% by Hammond Power Solutions.

The buyer has assumed responsibility for site remediation. More information on this property can be found in note 15(a) of our 2008 Annual statements.

About Hammond Manufacturing Company Limited

Hammond Manufacturing Company Limited (TSX:HMM.A) 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.

This press release contains forward-looking statements. These statements are based on HMCL management's assumptions and beliefs in light of the information currently available to them. These forward-looking statements are subject to uncertainties and other factors that could cause actual results to differ materially from such statements. When relying on forward-looking statements to make decisions, HMCL cautions readers not to place undue reliance on these statements, as a number of important factors could cause actual results to differ materially from any intentions expressed in such forward-looking statements. HMCL does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of HMCL.

Contact Information

  • Hammond Manufacturing Company Limited
    Robert F. Hammond
    Chairman and CEO
    (519) 822.2960
    (519) 822.7289 (FAX)