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CALGARY, Alberta, Sept. 15, 2025 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company“), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announced today that it has won $11.9 million in new contract awards.
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New Contract Award Details:
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The awards are in the form of contracts and contracts in process. Some of the projects are currently scheduled to begin in 2025, while others are forecasted to start in 2026.
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- a load reducing fill for a MSE wall on a highway improvement project;
- a load reducing fill application on a highway improvement project;
- a grout application for a pipeline abandonment project;
- a load reducing fill application for a tank base project;
- a grout application for a tunnel project;
- the remaining projects are all small to mid-sized projects for lightweight fill applications in Canada and the US.
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““These recent awards reaffirm the trust our customers place in CEMATRIX’s sales and operations teams to deliver high-quality solutions for their geotechnical construction needs,” said Randy Boomhour, President and CEO of CEMATRIX Corporation. “We remain committed to creating value by consistently providing reliable, cost-effective products—delivered on time and within budget. Each successful project enhances our reputation and helps pave the way for future opportunities.”
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For more information about CEMATRIX please visit www.cematrix.com.
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ABOUT CEMATRIX
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CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site. Cellular concrete is a flowable, self-leveling, cement-based material with insulating properties. CEMATRIX provides customers with cost effective, innovative solutions to tough geotechnical construction challenges.
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Applications for cellular concrete include lightweight engineered fill, MSE & retaining wall fill, lightweight insulating road subbase, flowable self compacting fill, pipe & culvert abandonments, tunnel & annular grout, tunnel & shaft backfills, underwater / tremie fills, and shallow utility & foundation insulation.
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CEMATRIX is an early-stage growth Company with significant revenue, positive EBITDA, positive cashflow from operations, a very healthy balance sheet, and a strong team in place. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (“CCI”), Chicago based MixOnSite USA Inc. (“MOS”), and Bellingham based Pacific International Grout Company (“PIGCO”). For more information, please visit our website at www.cematrix.com.
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CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
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The information in this press release includes certain forward-looking statements which may constitute forward-looking information under applicable securities laws. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties. Forward-looking statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, ongoing objectives, strategies and outlook for CEMATRIX, including statements regarding: the anticipated commencement and completion of the project. Forward-looking statements may in some cases be identified by words such as “may,” “will,” “expects,” “target,” “future,” “plans,” “believes,” “anticipates,” “estimates,” “projects,” “intends,” “should” or the negative of these terms, or similar expressions.
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