Calgary-based Cematrix Corp., a North American manufacturer and supplier of technologically advanced cellular concrete products, has announced that its wholly owned operating subsidiaries, which include Cematrix (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company have executed $4.1 million in new contracts, none of which was previously characterized as contracts in process.
The company’s unique cement-based material is said to provide thermal protection that delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial — including oil and gas — and commercial markets.
Factoring in these $4.1M in new contracts, the converted contracts and the sales completed to date, the corporation’s backlog now totals $82.1 million. The current status is $20.9 million of its backlog is contracted and $61.2 million is contracts in process.
“These new contracts mainly represent new projects of various sizes all under $1 million, and all of which are scheduled to be completed in the current year,” stated Jeff Kendrick, Cematrix president and CEO.
“These new projects are infrastructure related and are situated throughout the United States and Canada. As expected, bid activity for infrastructure and tunnel projects throughout North America continues to remain strong and even with recent supply chain issues, we continue to be informed by our customers that they don’t expect any further COVID delays.”
Through recent acquisitions of Chicago-based MixOnSite and Bellingham, WA-based Pacific International Grout, Cematrix is now North America’s largest cellular concrete company.
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