Mattr Corp Launches New Manufacturing Sites Successfully
Company Announcements

Mattr Corp Launches New Manufacturing Sites Successfully

Story Highlights

Mattr (TSE:MATR) has released an update.

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.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMattr Divests Brazilian Business for $17.5M
GlobeNewswireMattr Signs Definitive Agreement to Sell Its Brazilian Pipe Coating Business to Vallourec For US$17.5M
TipRanks Canadian Auto-Generated NewsdeskMattr Corp Soars in the 2024 TSX30 Rankings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App