Home

Articles from Perma-Pipe International Holdings, Inc.

INSERTING and REPLACING Perma-Pipe International Holdings, Inc., Announces CEO Retirement and the Appointment of Saleh Sagr as President
Insert after first paragraph: The Company announced today that David Mansfield, who has served as the Chief Executive Officer (CEO) for the past eight years, has informed the Board of Directors of his notice of retirement on or before November 8, 2025. Concurrent with this announcement, the Company has appointed Saleh Sagr as President. Mr. Mansfield will remain as CEO and a director of the Company until his retirement, ensuring a smooth transition to Mr. Sagr’s leadership.
Perma-Pipe International Holdings, Inc. Announces the Appointment of Jon C. Biro to its Board of Directors
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Jon C. Biro, effective March 4, 2025.
Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. Project commencement is expected to begin in the third quarter of 2025. The value of this project is estimated to exceed $43 million.
Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025.
Perma-Pipe International Holdings, Inc. Announces Third Quarter Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended October 31, 2024.
Perma-Pipe International Holdings, Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced $6 million in new project awards in the MENA region. Additionally, the company announced $9 million in new project awards in the Americas, demonstrating continual improvement in the region.
Perma-Pipe International Holdings, Inc., announces $4 million in Contract Awards in the Americas Region
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded three projects in the Americas region. The aggregate amount of these three projects is more than 4 million USD.
Perma-Pipe International Holdings, Inc. Announces Second Quarter Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended July 31, 2024.
Perma-Pipe International Holdings, Inc., announces $46 million in Contract Awards in the Middle East Region
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded two projects in the MENA region. The overall amount of the two projects is more than 46 million USD.
Perma-Pipe International Holdings, Inc. Announces $10 Million in Contract Awards in Saudi Arabia
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has recently been awarded new contracts worth $10 million in Saudi Arabia. Most of these awards will be executed and delivered during the next quarter.
Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2024.
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2023 fiscal year ended January 31, 2024.
Perma-Pipe International Holdings announces acceptance into QatarEnergy’s Tawteen Program
PERMA-PIPE International Holdings, Inc (Nasdaq: PPIH) today announces its acceptance into QatarEnergy’s Tawteen program.
Perma-Pipe International Holdings, Inc. Announces its Third Quarter Fiscal 2023 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the third quarter ended October 31, 2023.
Perma-Pipe International Holdings Announces the Appointment of Matthew Lewicki as Vice President and Chief Financial Officer, Secretary and Treasurer
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the appointment of Matthew Lewicki to Vice President and Chief Financial Officer, Secretary and Treasurer (“CFO”) replacing long time financial executive D. Bryan Norwood who informed the Board of his intention to retire effective October 2, 2023. As CFO, Matthew is charged with leadership, oversight and execution of all PPIH financial matters and will serve as a key business advisor to the senior leadership team and Board of Directors. Mr. Norwood will transition his responsibilities to Mr. Lewicki while assuming the role of Vice President, Strategy until his retirement on March 31, 2024.
Perma-Pipe International Holdings, Inc., announces opening of a new state-of-the-art insulation facility in Canada
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is pleased to announce the opening of its second pipe insulating facility in Canada. Strategically located outside of Ottawa, Ontario the new plant will focus primarily on serving the Ontario, Quebec, and Atlantic Canada markets. With the support of our existing plant in Camrose, Alberta, Perma-Pipe is well positioned to provide our valued customers across Canada with top-quality insulation systems.
Perma-Pipe International Holdings Appoints Chuck Heaton as Vice President of Human Resources
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the appointment of Chuck Heaton to Vice President of Human Resources replacing Jill Curry.
Perma-Pipe International Holdings, Inc. Announces its Second Quarter Fiscal 2023 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2023.
Perma-Pipe International Holdings, Inc. announces $8.5 million in contract awards in India and Saudi Arabia
PERMA-PIPE International Holdings, Inc. (Nasdaq: PPIH) today announces the award of contracts with a combined value of $8.5 million in India and the Kingdom of Saudi Arabia. The contracts are for the XTRU-THERM® product. Both projects are scheduled to be delivered by the end of Q4 2023.
Perma-Pipe International Holdings Announces Contract Awards in Excess of $23 Million
PERMA-PIPE International Holdings, Inc., (Nasdaq: PPIH) today announces the award of contracts with a combined value of $23.5 million in the United Arab Emirates and Egypt. The contracts are for custom coatings in the oil & gas sector as well as the XTRU-THERM® product in the district heating and cooling sector.
Perma-Pipe International Holdings, Inc. Announces its First Quarter Fiscal 2023 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2023.
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2022 fiscal year ended January 31, 2023.
Perma-Pipe International Holdings announces contract awards in excess of $8 million
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded two contracts with a combined value in excess of US$8 million.
Perma-Pipe International Holdings Inc. Announces $6.5 Million in Project Awards in India
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced its subsidiary Perma-Pipe India Pvt. Ltd. (Perma-Pipe India) has been awarded approximately $6.5 million in contracts during the first quarter of 2023. Two major projects will begin execution in Perma-Pipe’s Gandhidham, Gujarat, India facility in the first and second quarter of 2023.
Perma-Pipe International Holdings Inc. Announces Plans to Expand to Qatar
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) has taken preliminary steps to expand operations to Qatar and mobilization is expected to commence during the current year. In addition to the local district heating and cooling market, there are numerous significant future developments in the oil and gas industry which the Company will position itself for.
Perma-Pipe International Holdings Inc. announces new plant in Abu Dhabi
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has recently opened its largest production facility outside North America in the Emirate of Abu Dhabi in the U.A.E. The facility was inaugurated by H.E. Sheikh Saeed Bin Tahnoon Al Nahyan on March 16, 2023, in an opening ceremony attended by dignitaries from Abu Dhabi, Saudi Arabia, and Qatar in addition to the group’s President and CEO David Mansfield and Chairman Jerry Walker.
Perma-Pipe International Holdings Inc. announces Approval of Joint Venture by The Kingdom of Saudi Arabia General Authority for Competition
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) has received approval of The Kingdom of Saudi Arabia General Authority for Competition to enter into the previously announced joint venture with Gulf Insulation Group in The Kingdom of Saudi Arabia to provide pre-insulated piping systems, piping fabrication, internal and external fusion bonded epoxy, three-layer coating services and leak detection systems for customers in The Kingdom of Saudi Arabia, Kuwait and Bahrain. Formation and commencement of the joint venture will take place over the next few weeks.
Perma-Pipe International Holdings Announces US Gulf of Mexico Project Award
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded a contract in excess of $9 million. The contract is for the Winterfell Project in the US Gulf of Mexico for Beacon Offshore Energy LLC (Beacon). The project will be executed at Perma-Pipe’s facility in the Port of Iberia, Louisiana in the latter part of 2023 and will be completed before the end of the year.
Perma-Pipe International Holdings Inc. announces the formation of a Joint Venture in The Kingdom of Saudi Arabia
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) has entered into a joint venture with Gulf Insulation Group in The Kingdom of Saudi Arabia to provide pre-insulated piping systems, piping fabrication, internal and external fusion bonded epoxy, three-layer coating services and leak detection systems for customers in the Kingdom of Saudi Arabia, Kuwait and Bahrain. This joint venture will be positioned to participate in Saudi Vision 2030, a strategic framework to diversify the Saudi Arabian economy through development of the public services sectors such as health, education, infrastructure, recreation and tourism.
Perma-Pipe International Holdings, Inc. Announces Share Repurchase Program
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) (the "Company") announced today that its Board of Directors has authorized the use of $965 thousand remaining under the share repurchase program previously approved on October 4, 2021 that expired on October 3, 2022. Share repurchases may be executed through open market or in privately negotiated transactions over the course of the next 12 months.
Perma-Pipe International Holdings, Inc. Announces its Third Quarter and Year-to-Date Fiscal 2022 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the third quarter ended October 31, 2022.
Perma-Pipe International Holdings announces contract award of $14 million in Saudi Arabia
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced its Saudi Arabian subsidiary has recently been awarded a contract for $14.0 million for the King Salman Park Project - Vision 2030. The project is expected to be executed in the fourth quarter of 2022.
Perma-Pipe International Holdings, Inc. Announces its Second Quarter and Year-to-Date Fiscal 2022 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2022.
Perma-Pipe International Holdings, Inc. Announces the Cancellation of Treasury Stock
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today that on July 26, 2022, it cancelled 239,168 shares of treasury stock representing all the treasury shares held by the Company on that date. On October 4, 2021, the Board of Directors authorized a $3.0 million, 12-month stock repurchase program. Currently, $965 thousand of the initial $3.0 million remains available for future purchases.
Perma-Pipe International Holdings Appoints Jill Curry as Vice President of Human Resources
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced Wayne Bosch has retired on July 3, 2022, after eight years of service to PERMA-PIPE and its subsidiaries.
Perma-Pipe International Holdings, Inc. Announces its First Quarter and Year-to-Date Fiscal 2022 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2022.
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2021 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2021 fiscal year ended January 31, 2022.
Perma-Pipe International Holdings Announces Further Contract Awards of $15 Million in Egypt and Saudi Arabia
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has recently been awarded contracts totaling in excess of $15.5 million in Saudi Arabia and Egypt. Projects will be executed in Perma-Pipe’s facilities during Q1 2022.
Perma-Pipe International Holdings Announces the Appointment of Robert McNally to its Board of Directors
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), a global engineered piping services company, today announced changes to its Board of Directors, including the appointment to the Board of Mr. Robert McNally effective February 14, 2022. Robert McNally will replace Perma-Pipe Director, Mr. David Barrie, who has announced he will not stand for re-election to the Perma-Pipe Board during Perma-Pipe’s upcoming June 23, 2022 annual stockholders meeting.
Perma-Pipe International Holdings Announces Contract Awards of $6.0 Million in Egypt and Saudi Arabia
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has recently been awarded $6.0 million in contracts in Egypt and Saudi Arabia. Projects will be executed in Perma-Pipe’s facilities in the current quarter.
Perma-Pipe International Holdings, Inc. Announces its Third Quarter and Year-to-Date Fiscal 2021 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the third quarter ended October 31, 2021.
Perma-Pipe International Holdings, Inc. Announces $3.0 Million Share Repurchase Program
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) (the "Company") announced today that its board of directors has authorized a $3.0 million share repurchase program. Share repurchases may be executed through open market or in privately negotiated transactions over the course of the next 12 months.
Perma-Pipe International Holdings Announces Contract Awards of $5.0 Million in Egypt
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is pleased to announce today that its subsidiary Perma-Pipe Egypt has recently been awarded approximately $5.0 million in contracts for the provision of thermally insulated pipes, field joints, and leak detection systems for district cooling networks by Consolidated Contractors Company (CCC) Group S.A.L. and Gascool Company in Old City Al Alamein and the Embassies District of the New Administrative Capital of Egypt.
Perma-Pipe International Holdings, Inc. Announces its Second Quarter and Year-to-Date Fiscal 2021 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2021.
Perma-Pipe International Holdings Appoints Grant Dewbre to Chief Operating Officer, Saleh Sagr to Senior Vice President, Middle East North Africa
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the appointment of Grant Dewbre to Chief Operating Officer and Saleh Sagr to Senior Vice President, Middle East and North Africa (MENA).
Perma-Pipe International Holdings, Inc. Announces its First Quarter and Year-to-Date Fiscal 2021 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2021.
Perma-Pipe International Holdings Announces Contract Award in Excess of $4.5 Million in Canada
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded a contract for a district heating and cooling network for a healthcare infrastructure project in Eastern Canada valued at over $4.5 million.
Perma-Pipe International Holdings, Inc. Announces Sale and Leaseback Transaction Generating $8.7 Million in Net Proceeds
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today that it has completed a sale and leaseback transaction with Nash88, LLC, generating $8.7 million in net proceeds.
Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2020 Financial Results
Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2020 fiscal year ended January 31, 2021.