CEMATRIX Announces $7.1 Million in New Contract Awards
Globenewswire·2026-01-19 22:02

Core Viewpoint - CEMATRIX Corporation has secured $7.1 million in new contract awards, indicating strong demand for its cellular concrete solutions and a positive outlook for 2026 [1][2]. Group 1: Contract Awards - The new contracts are primarily for geotechnical construction projects, with most work expected to be completed in 2026 [2]. - Significant early wins in contract awards reflect customer trust in CEMATRIX's capabilities [2]. - The company anticipates a busy 2026, supported by strong bidding activity and a robust sales pipeline [2]. Group 2: Company Overview - CEMATRIX is a specialty construction contractor focused on producing cellular concrete solutions on-site, which is a flowable, self-leveling, cement-based material with insulating properties [3]. - The company offers innovative and cost-effective solutions for various geotechnical construction challenges [3]. - CEMATRIX operates through subsidiaries including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company [5]. Group 3: Applications of Cellular Concrete - Cellular concrete applications include lightweight engineered fill, retaining wall fill, insulating road subbase, and various other construction needs [4][8]. - The company is involved in projects that utilize cellular concrete for load-reducing fill applications in highway improvements, retaining walls, and utilities [8]. Group 4: Financial Health - CEMATRIX is characterized as a growth company with significant revenue, positive EBITDA, and positive cash flow from operations [5]. - The company maintains a healthy balance sheet and has a strong operational team in place [5].

CEMATRIX Announces $7.1 Million in New Contract Awards - Reportify