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0.0022197558268592 0.0022197558268592 -0.002219755826859 -0.0011098779134295 -0.0011098779134295 0.0022197558268592 0.00187569367369606 0.0011098779134295
Stock impact report

Perma-Pipe International Holdings Announces Expansion into Egypt and Egyptian Contract Awards

Perma-Pipe International Holdings, Inc. (PPIH) 
US:NASDAQ Investor Relations: investors.permapipe.com
Company Research Source: Business Wire
PPIH to establish a new production facility in Beni Suef, Egypt to meet the demands for Perma-Pipe products. NILES, Ill.--(BUSINESS WIRE)-- Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced that its subsidiary company Perma-Pipe Middle East FZC has established a subsidiary company in the Arab Republic of Egypt, “Perma-Pipe Egypt” and is in the process of establishing a new production facility in Beni Suef, south of Cairo. The establishment of this new capability is in response to a growing demand for Perma-Pipe’s products in Egypt, particularly strong demands for the Company’s chilled water and containment piping and leak detection systems. The facility is planned to be operational by July, 2019. Perma-Pipe further confirms multiple awards by Egyptian companies related to projects in Egypt’s New Capital City and elsewhere which will be carried out in Perma-Pipe’s existing fac Show less Read more
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