CEMATRIX Corp T.CEMX

Largest Cematrix Contract Award Was With Balfour Beatty

[prospector001]

https://finance.yahoo.com/news/cematrix-announces-22-5-million-122500790.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKb6YFiZj2q-VjbtuRC0_OlNwLNbuaB3GAzFHhsBrgY9sJZ5qqgC9nrLXuQEJ7nP2NjyaelARPRQ9R1fx4FnlmWR2C2KtXcPTgq6yAEM1g_1xwESOYb75tm63waxioPHIEQ9lSV07w3pbl5VHFhtfM6KDOjl-Z8lY29i8_2PotjB

CEMATRIX Announces $22.5 Million in Contracts Executed including a $20.3 Million Contract for Overpasses on a New US Freeway Corridor

CEMATRIX Corporation

August 3, 2022  3 min read

 

In This Article:

CTXXF

Largest Contract in Company’s History to Serve as Potential Catalyst for Future Technically Challenging Projects

CALGARY, Alberta, Aug. 03, 2022 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced that its wholly owned operating subsidiaries, which include CEMATRIX (Canada) Inc. (“CCI”), MixOnSite USA Inc. (“MOS”) and Pacific International Grout Company (“PIGCO’) 

“The $22.5 million in contracts executed since our last contract announcement include a $20.3 million ($15.8 million USD) contract with Balfour Beatty Infrastructure Inc. (“BB”) for the backfill of several new overpasses along a new freeway corridor in North Carolina. The US 70 Design-Build Project was awarded to MOS by BB and is the largest known cellular concrete infrastructure project ever awarded in North America. This is a major accomplishment for the CEMATRIX Group of Companies,” stated Jeff Kendrick, CEMATRIX President and CEO. “The project has been subject to ongoing delays due to COVID and logistical challenges including the re-location of established businesses. 

 

 

[Bubbajohny50]

We are due for a contract news report soon.  It's been about two months since our last one.  You would think there would be some at this time of year.   It's the peek time for infrastructure development and projects.