Cematrix wins $8.8M in new contracts, bringing YTD total to $43.2M

Cematrix Corporation (TSX: CEMX) (OTCQB: CTXXF) announced $8.8 million in new contract awards, bringing its year-to-date total to $43.2 million in new contract awards, according to a company press release.

The awards include executed contracts and contracts currently in process. Among the larger projects are a grouting application for a tunnel project and a load-reducing fill application for a bridge abutment repair project. The remaining awards consist of small to mid-sized lightweight fill application projects in Canada and the United States.

Some of the work is expected to be completed in 2026, with the majority anticipated for completion in 2027 or later.

Randy Boomhour, President and CEO of Cematrix, stated: "We are committed to delivering value to our customers through consistent execution and cost-effective cellular concrete solutions that address their geotechnical challenges. Each successful project enhances our reputation and contributes to generating new business opportunities."

Cematrix is a Calgary-based specialty construction contractor that supplies cellular concrete in Canada and the United States through its subsidiaries, including CEMATRIX (Canada) Inc., Chicago-based MixOnSite USA Inc., and Bellingham-based Pacific International Grout Company.

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