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CEMATRIX Corp V.CVX


Primary Symbol: 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 prospector001on Nov 23, 2024 10:33am
95 Views
Post# 36327358

Trump's Infrastructure Plan

Trump's Infrastructure PlanPerhaps a partial reason for the rise this week - no announcements that I know of but found this from the Department of Transportation

https://www.transportation.gov/sites/dot.gov/files/docs/briefing-room/304461/highlightsofinfrastructureplan.pdf

Some excerpts;

President Trump is a builder. Throughout his career, he made his name constructing big things. He applies that builder’s mindset to all aspects of the presidency, but especially to his bold vision for rebuilding infrastructure in America.

Incentives Program: Under the President’s proposal, 50 percent of the Federal commitment will be dedicated toward an Incentives Program to encourage increased State, local, and private investment by awarding project sponsors incentives for demonstrating innovative approaches that will generate independent revenue, reduce project costs and timelines, and improve performance. The Incentives Program will target a wide-ranging group of traditional Government-owned asset classes, including surface transportation and airports, passenger rail, maritime and inland waterway ports, waterways, flood risk management, water supply, hydropower, water resources, drinking water facilities, wastewater facilities, stormwater facilities, and Brownfield and Superfund sites. Project sponsors will apply for incentives, and applications will be evaluated on objective criteria with new revenue being the largest driver for award. Project sponsors selected for award will execute an agreement committing to meet agreed progress milestones, and incentive funds will be conditioned upon achieving the milestones within identified timeframes.
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