CEMATRIX Secures $5.7 Million in New Construction Contracts
CEMATRIX Announces Significant New Contract Awards
CALGARY, Alberta — CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) has recently celebrated a notable achievement, securing new contracts worth $5.7 million. As a leading provider of cellular concrete solutions, CEMATRIX continues to solidify its presence in the North American construction market.
Details of the New Contract Awards
The new contract awards encompass a variety of projects, with major highlights including:
Tunnel Grouting Application
A key aspect of this contract involves an important tunnel grouting application, showcasing CEMATRIX's capability in handling complex construction requirements.
Small to Mid-Sized Projects
The remaining contracts focus on smaller projects designed for lightweight fill applications across the United States and Canada, demonstrating the company’s versatility and adaptability in different project scales.
Corporate Commitment to Quality
Randy Boomhour, President and CEO of CEMATRIX Corporation, expressed enthusiasm about these new contracts, stating, “These awards contribute significantly to our backlog and reinforce the strong start our sales teams have had this year. Our main goal is to provide value to our customers while consistently delivering high-quality products on time and within budget. Every successful project enhances our reputation in the market and simplifies the next sales endeavor. These new contracts reflect the trust our clients place in CEMATRIX’s sales and operations teams to meet their construction needs effectively.”
About CEMATRIX Corporation
CEMATRIX specializes in producing cellular concrete solutions directly on site. This innovative, flowable cement-based material not only offers insulating properties but also meets various geotechnical construction challenges head-on. CEMATRIX’s range of applications for cellular concrete encompasses lightweight engineered fill, MSE and retaining wall fill, lightweight insulating road subbase, as well as solutions for tuber and culvert abandonments.
Financial Health and Growth
As an early-stage growth company, CEMATRIX boasts significant revenue, a positive EBITDA, and healthy cash flow from operations. With a robust balance sheet and a dedicated team, CEMATRIX is well-positioned to continue its upward trajectory. The company's subsidiaries, including CEMATRIX (Canada) Inc. and MixOnSite USA Inc., further bolster its operational prowess.
Contact Information for Inquiries
For more information, individuals can 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 is CEMATRIX Corporation known for?
CEMATRIX Corporation is recognized as a leading manufacturer and supplier of cellular concrete solutions, focusing on various geotechnical construction applications.
How much did CEMATRIX secure in new contracts?
The company announced new contract awards worth $5.7 million.
What types of projects are included in the new contract awards?
The contracts include a major tunnel grouting application and several small to mid-sized projects for lightweight fill applications.
Who is the CEO of CEMATRIX Corporation?
Randy Boomhour currently serves as the President and CEO of CEMATRIX Corporation.
How can I learn more about CEMATRIX?
Additional company information can be found by visiting their official website.
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