CEMATRIX Secures $11.9 Million in Contracts for Upcoming Projects
CEMATRIX Corporation Achieves Significant Contracts
CEMATRIX Corporation, a prominent player in the specialty construction industry, has recently announced winning $11.9 million in new contract awards. This achievement underscores the growing demand for cellular concrete solutions and marks a notable milestone for the company.
Details of the New Contracts
The new contracts awarded to CEMATRIX encompass a variety of projects, some of which are set to commence in the near future while others are planned for 2026. These projects represent both ongoing contracts and new endeavors, illustrating CEMATRIX's role as a leader in the industry.
About the Contract Projects
The awarded contracts entail several exciting projects, including a load-reducing fill application intended for a wall on a highway improvement project. Additionally, there is a commitment to delivering a grout application for a pipeline abandonment, showcasing the company's versatility in handling different construction challenges.
Other projects in the pipeline include a load-reducing fill for a tank base and applications for tunnel projects. Additionally, smaller to mid-sized projects for lightweight fill applications are spread across both Canada and the United States, highlighting CEMATRIX's expansive reach and capability.
Commitment to Quality and Innovation
Randy Boomhour, President and CEO of CEMATRIX Corporation, expressed pride in receiving these awards, stating, "These recent awards reaffirm the trust our customers place in CEMATRIX's sales and operations teams to deliver high-quality solutions for their geotechnical construction needs. We remain committed to creating value by consistently delivering reliable, cost-effective products on time and within budget. Each successful project enhances our reputation and helps pave the way for future opportunities."
About CEMATRIX Corporation
CEMATRIX Corporation specializes in producing cellular concrete solutions tailored to meet specific construction requirements. Cellular concrete, known for its flowable, self-leveling characteristics, serves a variety of applications and is recognized for its insulating properties. As a growing entity in the construction sector, CEMATRIX is keenly focused on delivering innovative solutions that address complex geotechnical challenges.
Applications of Cellular Concrete
CEMATRIX's cellular concrete is not just versatile but is suited for numerous applications. This innovative material can be used for lightweight engineered fill, MSE and retaining wall fills, insulating road subbases, and more. The expansion of its services reflects a commitment to advancing construction techniques and environmental consciousness.
Financial Health and Future Outlook
CEMATRIX is considered an early-stage growth company with significant revenue and positive cash flow from operations. The company boasts a robust balance sheet and a dedicated team, positioning itself for sustained success in the future. Their wholly-owned subsidiaries, including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company, collectively enhance the company’s operational capabilities.
Contact Information
For more information about CEMATRIX Corporation and its contract awards, please reach out to:
Jeff Walker, Vice President, The Howard Group
Phone: (888) 221-0915 or (403) 221-0915
Email: jeff@howardgroupinc.com
Glen Akselrod, President, Bristol Capital
Phone: (905) 326-1888 ext. 1
Email: glen@bristolir.com
Frequently Asked Questions
What does CEMATRIX specialize in?
CEMATRIX specializes in producing cellular concrete solutions for various construction projects.
How much were the new contracts worth?
The new contracts awarded to CEMATRIX total $11.9 million.
What types of projects are included in the new contracts?
The contracts include projects like load-reducing fill applications for highway improvements and grout applications for tunnels.
What is the company’s financial status?
CEMATRIX is financially healthy with significant revenue, positive EBITDA, and strong cash flow from operations.
How can I find more information about CEMATRIX?
For more details, visit CEMATRIX's official website or contact their representatives directly.
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