Hybrid Power Solutions Inc. announced the construction of a state-of-the-art, expandable production facility spanning 6,000 square feet on 2.5 acres in Parry Sound, Ontario. This significant development aims to bolster the production capacity for Hybrid's residential lithium-ion batteries and larger-scale portable power solutions, including the recently unveiled Batt Pack Spark. The land is currently undergoing clearing, with plans to break ground in Spring 2024.

The establishment of this facility is made possible in part by funding from the Northern Ontario Heritage Fund Corporation (NOHFC), whose support and partnership are integral to this expansion. This new production facility not only signifies a significant step forward in Hybrid's manufacturing capabilities but also underscores the Company's dedication to fostering economic growth in Northern Ontario. The facility is expected to create new job opportunities, contributing to the local community's prosperity.