Perma-Pipe International announces $54M in Q1 awards

Perma-Pipe International (PPIH) provided a quarter-to-date update for the first quarter of 2026, highlighting continued momentum in project awards across North America and the Middle East and North Africa regions. The company announced approximately $54M in new project awards during the period, reflecting sustained demand across key infrastructure, energy, and mission-critical markets. “These project wins reflect the strength of our global platform and the disciplined execution of our growth strategy,” said Saleh Sagr, President and CEO. “We are seeing increasing demand across both traditional energy infrastructure and next-generation applications such as AI-driven data centers. Our ability to respond with engineering expertise, manufacturing capacity, and localized capabilities positions us well to capture these opportunities and drive sustainable growth.”