Perma-Pipe International Holdings, Inc., announces opening of a new state-of-the-art insulation facility in Canada

29 September 2023

Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is delighted to announce the inauguration of its second pipe insulation facility in Canada. Located strategically just outside Ottawa, Ontario, this new plant will primarily cater to the Ontario, Quebec, and Atlantic Canada markets. Complementing our existing plant in Camrose, Alberta, this expansion positions Perma-Pipe to deliver top-notch insulation systems to our valued customers across Canada.

Spanning an impressive 37,000 square feet across three acres, this facility is outfitted with cutting-edge pipe insulation technology that significantly bolsters our production capacity. It boasts the capability to manufacture a wide range of pipe insulation products, catering to pipe sizes from three-quarters of an inch to a substantial thirty inches. Moreover, the facility is designed to effortlessly apply insulating foam and protective polyethylene outer jackets of varying thickness to meet the unique specifications of our customers.

Dave Mansfield, President and CEO of Perma-Pipe, expressed, "This facility represents a substantial investment for Perma-Pipe, and we take pride in contributing to the local economy in Ottawa by generating employment opportunities through this strategic expansion. Furthermore, we are excited to bring our industry-leading services and products closer to our existing and potential customers in Eastern Canada, ensuring their access to the highest quality pipe insulation solutions."