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Reeflex Solutions Inc. ( (TSE:RFX) ) has issued an update.
Reeflex Solutions Inc. has secured a $3.4 million contract to design and manufacture a customized mast-style coiled tubing rig for Iron Horse Energy Services, a leading provider in the Western Canadian Sedimentary Basin. This contract highlights Reeflex’s engineering capabilities and supports Iron Horse’s growth, with the rig expected to enhance performance and safety in challenging environments.
More about Reeflex Solutions Inc.
Reeflex Solutions Inc. is a Canadian company specializing in advanced engineering and manufacturing solutions across various industry sectors. Through its subsidiary, Coil Solutions Inc., it provides coiled tubing injectors and downhole tools for the oil and gas sector. Its manufacturing division, Ranglar Manufacturing, focuses on custom-designed mobile equipment for a wide range of industrial applications.
Average Trading Volume: 19,016
Technical Sentiment Signal: Buy
Current Market Cap: C$1.29M
See more data about RFX stock on TipRanks’ Stock Analysis page.