Perma-Pipe International Opens Its Second Pipe Insulating Facility In Canada
Portfolio Pulse from Benzinga Newsdesk
Perma-Pipe International Holdings, Inc. (PPIH) has opened its second pipe insulating facility in Canada. This expansion is expected to increase the company's production capacity and market reach.
September 29, 2023 | 6:22 am
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The opening of a second facility in Canada by Perma-Pipe International Holdings, Inc. is expected to boost its production capacity and market reach, potentially leading to increased revenues.
The opening of a new facility directly impacts Perma-Pipe International's production capacity, which could lead to increased sales and revenues. This expansion also indicates the company's growth and its commitment to meeting market demand, which could positively influence investor sentiment.
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