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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by kingscorpionon Aug 15, 2022 11:00pm
239 Views
Post# 34898330

Finally found it

Finally found it This is the original NR for the recent NR on the $22.5 mil contract then it was $15.7 mil In this NR it mentions of the gross margins which the new NR doesn't mention CEMATRIX CORPORATION NEWS RELEASE CEMATRIX Corporation Announces Major Infrastructure Project Valued at Over $15.7M Calgary, Alberta February 20, 2020: CEMATRIX Corporation (TSXV: CVX) (the Corporation or CEMATRIX) through its wholly owned operating subsidiaries, CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. (MOS) and Pacific International Grout Company (PIGCO) have been awarded a new U.S. infrastructure project,with a bid value in excess of $15.7 million CDN.The gross margin generated by this project will be consistent with margins achieved on the Companys larger projects in the past. As a result, the companys contracted and verbally awarded (mainly contracts in process) projects now total $73.5 million (CDN) of which approximately $36.5 million is currently scheduled to carry over into 2021/22.The $15.7 million project requires CEMATRIX to provide load reducing fill for a large fifteen bridge/overpass project located in the Eastern United States. It is the largest project that CEMATRIX has been awarded to date and it is a clear indication of the growth of the cellular concrete market in North America,stated Jeff Kendrick, CEMATRIX
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