CEMATRIX Corporation: A Tribute to Jeff Kendrick's Legacy
CEMATRIX Corporation Pays Tribute to Jeff Kendrick's Retirement
CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF), a leader in cellular concrete technology, is making headlines as it announces the retirement of its long-serving President and CEO, Jeff Kendrick. Kendrick's departure marks a pivotal moment for the company he founded in 1999, where he played a crucial role in its growth and public listing.
A Journey of Leadership and Innovation
Under Kendrick's leadership, CEMATRIX has transformed into a prominent manufacturer of advanced cellular concrete products. Since taking the company public in 2005 through a reverse takeover, Kendrick has steered the organization through various stages of expansion, both in Canada and the United States. With significant milestones, CEMATRIX achieved peak annual revenues exceeding $50 million, establishing a solid financial foundation.
Acquisitions that Shaped the Company
Throughout his tenure, Jeff Kendrick was instrumental in key acquisitions such as MixOnSite and Pacific International Grout. These strategic decisions significantly impacted the company's footprint in the cellular concrete market, enabling CEMATRIX to deliver innovative solutions to its clients.
Reflections on a Legacy
In his statement, Kendrick expressed deep gratitude towards the team and stakeholders who supported him over the years. He remarked, "It has been an honour to build this Company and work with so many excellent employees, customers, and partners. I am immensely proud of what we have achieved together." His heartfelt appreciation underscores the importance of teamwork in CEMATRIX's journey.
Future Prospects for CEMATRIX
With Kendrick's retirement, CEMATRIX is poised for future growth. The company boasts a talented team ready to embrace the challenges ahead, ensuring that the foundation laid by Kendrick will continue to yield positive results. The strategic vision for the future is to leverage their expertise and innovative products to tackle emerging challenges in the construction and infrastructure sectors.
About CEMATRIX Corporation
CEMATRIX specializes in the production of technologically advanced cellular concrete products developed from proprietary formulations. Their unique cement-based materials offer superior thermal insulation, delivering cost-effective solutions to diverse challenges in infrastructure, industrial, energy, and commercial markets. The company operates several wholly-owned subsidiaries, including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company, positioning itself as a true leader in North America’s growing cellular concrete market.
Frequently Asked Questions
Who is Jeff Kendrick?
Jeff Kendrick is the founder of CEMATRIX Corporation and served as its President and CEO for 25 years.
When did Jeff Kendrick retire?
Jeff Kendrick announced his retirement effective November 29, 2024.
What is CEMATRIX Corporation known for?
CEMATRIX is known for manufacturing technologically advanced cellular concrete products and providing innovative solutions to various industries.
What impact did Kendrick have on CEMATRIX?
Kendrick led the company through significant growth phases, achieving peak revenues over $50 million and successfully overseeing transformative acquisitions.
What does the future hold for CEMATRIX?
The company is well-positioned for future growth with a strong team in place to continue Jeff Kendrick's legacy.
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