TULSA, Okla., Jan. 18, 2022 (GLOBE NEWSWIRE) — Matrix Services Company (Nasdaq: MTRX) today announced that The Chemours Company (Chemours) has awarded Matrix PDM Engineering front-end engineering design (FEED) and detailed design engineering for an industrial project at its facility in Washington Works, Virginia. -Western. The project is the first to be awarded under a recently signed Framework Services Agreement.
“We are delighted to have chosen Matrix PDM Engineering for this critical project work,” said Mark A. Cotugno, director of global sourcing, Enterprise Capital for Chemours. “Their strong team, well-aligned execution plan and shared core values were key to their selection.”
Products manufactured at the Chemours Washington Works site – the company’s largest advanced performance materials manufacturing facility – support the continued safety and growth of the construction, semiconductor, automotive, aerospace and household goods, among others.
“We look forward to partnering with The Chemours Company on this important project and appreciate the confidence they have placed in us to perform the initial and detailed engineering required for this project,” said President and CEO of Matrix Service Company, John R. Hewitt. “We look forward to doing so and building a long-standing relationship to provide services to Washington Works and elsewhere across their portfolio of assets.”
About Matrix Service Company
Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is one of North America’s leading industrial engineering, construction and maintenance contractors. South Korea.
The Company reports financial results in three key operating segments: Utilities and Power Infrastructure, Industrial Process and Facilities, and Storage and Terminal Solutions.
By focusing on sustainability, creating strong environmental, social and governance (ESG) practices and living our core values, Matrix is ranked among the top contractors by Engineering-News Record, has been recognized for the diversification of its Board of Directors, is an active CEO Action for Diversity and Inclusion signatory, and is recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit www.matrixservicecompany.com and read our inaugural sustainability report.
For more information about Matrix, please contact:
This release contains forward-looking statements that are made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are generally accompanied by words such as “anticipate”, “continue”, “expect “, ” provide “. “, “outlook”, “believe”, “estimate”, “should” and “will” and words of similar effect which convey future meaning, relating to the operations of the Company, economic performance and the best judgment of the direction as to what might happen in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. Actual results for current and future periods and other business developments will depend on a number of economic, competitive and other influences, including the factors discussed in the “Risk Factors” and “Forward-Looking Statements” sections. and elsewhere in reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the Company’s control, and any one of them, or a combination thereof, could have a material and adverse effect on the Company’s results of operations and financial condition. . We assume no obligation to update the information contained in this press release.