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CEMATRIX Secures $9.7M in New Contracts

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CEMATRIX Secures $9.7M in New Contracts

Cematrix (TSE:CVX) has released an update.

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CEMATRIX Corporation, a North American leader in cellular concrete technology, has announced securing new contracts worth $9.7 million, bringing their 2024 year-to-date total to $35.8 million. The highlight of these new projects is a $6.5 million tunnel grouting project expected to be completed by 2025, contributing to a current backlog of $84.1 million for the company.

For further insights into TSE:CVX stock, check out TipRanks’ Stock Analysis page.

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