CEMATRIX Management Perspectives Uniquely Positioned For 2023 And Beyond - Seite 2

“Furthermore, the Company’s backlog, which sits at a record $93.2 million is now being realized as is reflected in the record sales being achieved by the Company since mid-year in 2022, despite the cement shortage issues,” continued Mr. Kendrick. “This new sales trend is expected to continue for the foreseeable future as is the expected ongoing improvement in the Company’s gross margins with the forecasted improvement in cement and ready-mix supply for 2023 that is being promoted by our key suppliers.”

“Clearly, the benefits attributable to the Company’s advanced cellular concrete products compared to many traditional construction materials are being recognized and are gaining traction with State and Provincial governments, transportation departments, engineering firms, large contractors and project managers,” stated Mr. Kendrick. “We have proven over and over that the Company’s technologically advanced and proprietary cellular concrete product drives significant labor savings, dramatically shortens the time to complete projects, increases the lifespan, reduces future maintenance costs and generally delivers positive environmental benefits as compared to the legacy products that cellular concrete replaces.”

The following is a list of those eleven key projects: 

West Coast Commercial development	– Load Reducing Fill and Thermal Pipe Protection
East Coast Freeway (5 interchanges)	– Load Reducing Fill, backfill of overpasses
East Coast Airport Expansion	– Load Reducing Fill, taxiway underlay
West Coast Tunnel carrying pipelines	– Specialized Tunnel grouting, pipe protection
West Coast Tunnel carrying utilities	– Specialized Tunnel grouting, pipe protection
West Coast Port Agra Terminal	– Load Reducing Fill, grain silo fill
Gulf States Wharf Reconstruction	– Load Reducing Fill, Port wall backfill
Gulf States Tunnel carrying utilities	– Specialized Tunnel Grouting, pipe protection
Midwest Tunnel carrying utilities	– Specialized Tunnel grouting, pipe protection
Midwest Riverwalk Reconstruction	– Load Reducing Fill, riverwalk pathway underlay
Westcoast Bridge Reconstruction	- Load Reducing Fill, bridge abutment backfill

“It is also clear that the Company’s scope truly is on a North American scale. Work for this year will see CEMATRIX across the continent from the West Coast to the Southern and Northern parts of the United States and in Canada from Vancouver to the Maritimes. This growth is being realized because of the achievements of the teams at the wholly owned operating subsidiaries, CEMATRIX (Canada) Inc., MixOnSite USA Inc. (“MOS” - Chicago, Illinois) and Pacific International Grout Company (“PIGCO” - Bellingham, Washington).”