Mattr (TSE:MATR) has released an update.
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Mattr Corp. has successfully launched two new Composite Technologies manufacturing sites in Rockwall, Texas, and Blythewood, South Carolina, on schedule and within the planned budget. The facilities, expected to ramp up to full production by 2026, could add over $100M in annual revenue. The expansion is part of Mattr’s strategy to meet increasing product demand and improve margins through modernized and efficient operations.
For further insights into TSE:MATR stock, check out TipRanks’ Stock Analysis page.
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