Market Commentary

You might not even know that there is a current shortage of transformers, and more importantly, you might not know just how significant this situation is to our national security and many aspects of economic development that we take for granted.

With extreme weather disruptions now a regular occurrence, it’s no surprise that the security, reliability and stability of power transmission all across North America is inextricably linked to a critical factor – the interconnection between

The large transformer industry for electricity supply and distribution consists of two main parts: a) Power Transformers, which handle high voltage power typically from generation to a central source of distribution, or sub-station. This is typically known as “the grid”. And b)

Last week 25 members of Congress submitted a letter to President Trump requesting tariff action on electrical steel laminations and cores imported from Mexico and Canada. These products are used in the production of transformers,