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Bullboard - Stock Discussion Forum
Mattr Corp
T.MATR
Alternate Symbol(s):
MTTRF
Energy
Oil & Gas Equipment & Services
Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection...
Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.
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TSX:MATR - Post Discussion
Mattr Corp
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Possibleidiot01
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Post by
Possibleidiot01
on Apr 28, 2024 4:01pm
Linkedin
Mattr
Mattr
6,398 followers
6,398 followers
3d •
3 days ago
Investment Highlight: Investing Organically in Capacity and Efficiency While Optimizing our Footprint
Exiting Anaheim will streamline our operations and reduce fixed costs by ~$2.5M/year by 2025. Our actions, combined with initial equipment at new sites, are expected to add over $150M/year at current segment margins. Each new site, including
DSG-Canusa
in Fairfield, OH,
Shawflex
in Vaughan, ON,
Xerxes
in Blythewood, SC and
Flexpipe
in Rockwall, TX is set up for success, with space for multiple incremental production lines after initial start-up.
To learn more:
https://lnkd.in/dSZe5ud8
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Mattr CAPEX Investment
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