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CEMATRIX Announces $5.2 Million in New Contract Awards
Globenewswire· 2026-02-23 22:01
Core Viewpoint - CEMATRIX Corporation has secured $5.2 million in new contract awards, indicating strong demand for its cellular concrete solutions and a positive outlook for 2026 and beyond [1][2]. Group 1: Contract Awards - The new contracts include both awarded and in-process contracts, with completion expected in 2026 and 2027 [2]. - Significant early wins reflect customer trust in CEMATRIX's capabilities in delivering quality geotechnical construction solutions [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]. Group 3: Applications of Cellular Concrete - Applications for cellular concrete include lightweight engineered fill, retaining wall fill, insulating road subbase, flowable self-compacting fill, and underwater fills among others [4]. Group 4: Financial Health - CEMATRIX is characterized as a growth company with significant revenue, positive EBITDA, and cash flow from operations, supported by a healthy balance sheet [5].