.jpg)
1 hour ago
2
Article content
$17.0 Million YTD in New Contract Awards
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
CALGARY, Alberta, March 23, 2026 (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, announces that it has won $4.7 million in new contract awards.
Article content
Article content
New Contract Award Details:
Article content
The awards are in the form of contracts and contracts in process. All of the work related to these awards is expected to be completed in 2026. Some of the larger awards include:
Article content
Article content
- a grouting application for a city infrastructure project;
- a load reducing fill application for an abandonment project;
- the remaining awards are small to mid-sized projects for lightweight fill applications in Canada and the US.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
“Our sales momentum has continued into March. These awards continue to demonstrate the trust that our customers have in CEMATRIX’s sales and operations teams to consistently deliver quality solutions for their geotechnical construction needs. We continue to see strong bidding activity and a robust sales pipeline well into the future. We are now even closer to spring weather to kick start what we expect to be a busy 2026,” stated Mr. Randy Boomhour, President and CEO of CEMATRIX Corporation. “We remain passionate about providing value to our customers, by consistently delivering quality, cost-effective cellular concrete solutions, on time and on budget. Every successful project strengthens our reputation and makes the next sale easier.”
Article content
General Guidance:
Article content
“As we have shared many times with investors, we do not control when large scopes of work start and stop. These large scopes of work have significant impact to our financial results especially from quarter to quarter. These quarterly variations in revenue can cause concern among certain segments of our shareholders but our focus is always on the whole year. We do expect that our first quarter this year may be a little lower when compared to last year. That said, we also expect that this slower start to the year will be more than offset by an expected record second quarter to keep us on track in terms of financial performance for a really good year in 2026,” concluded Mr. Boomhour.
Article content
Article content
For more information about CEMATRIX please visit www.cematrix.com.
Article content
ABOUT CEMATRIX
Article content
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 their geotechnical construction challenges.
Article content
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.
Article content
CEMATRIX is a 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.
English (US)