Correctional Industrial Facility

Matrix Service Company Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, November 8, 2023
Sale, EBITDA, Engineering, Correctional Industrial Facility, Utility, Depreciation, Process, MTRX, Airline, Film industry, Tobacco, Bookkeeping, Video game, LNG

Revenue of $197.7 million in the first quarter of fiscal 2024 compared to $205.9 million in the fourth quarter of fiscal 2023.

Key Points: 
  • Revenue of $197.7 million in the first quarter of fiscal 2024 compared to $205.9 million in the fourth quarter of fiscal 2023.
  • First quarter fiscal 2024 loss per share of $0.12; adjusted loss per share of $0.21(1).
  • Gross margin was 6.0% in the first quarter of fiscal 2024 compared to a gross margin of 7.1% in the fourth quarter of fiscal 2023.
  • Consolidated SG&A expenses were $17.1 million in the first quarter of fiscal 2024 compared to $17.0 million in the fourth quarter of fiscal 2023.

Herman Miller expands OE1 Workspace Collection designed by Sam Hecht and Kim Colin of Industrial Facility

Retrieved on: 
Wednesday, November 8, 2023
Correctional Industrial Facility, Collection, OE1, Dodge Powerbox, Light, Furniture

ZEELAND, Mich., Nov. 8, 2023 /PRNewswire/ -- Herman Miller's OE1 Workspace Collection, designed by Sam Hecht and Kim Colin of London-based Industrial Facility, is being updated to include new productivity-enhancing solutions.

Key Points: 
  • Introducing OE1 Sit-to-Stand Table, OE1 Powerbox and Power Tray, and other essential pieces for agile workspaces
    ZEELAND, Mich., Nov. 8, 2023 /PRNewswire/ -- Herman Miller's OE1 Workspace Collection, designed by Sam Hecht and Kim Colin of London-based Industrial Facility, is being updated to include new productivity-enhancing solutions.
  • Introduced in 2021, the award-winning OE1 Workspace Collection creates fluid individual and group spaces designed to quickly shift and adapt to changing business goals and personal preferences with minimal disruption.
  • Herman Miller's first portable power solution, OE1 Powerbox with an available accompanying OE1 Power Tray, makes "work from anywhere" possible by providing power to devices for extended periods of time.
  • OE1 Powerbox features three USB-C ports, one USB-A port, and a tracking device holder to help with facility management.

Matrix Service Company Announces Fiscal 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Monday, September 11, 2023
Sale, Matrix, Maintenance, Growth, Utility, Accounting, MTRX, Correctional Industrial Facility, Process, Clothing, Pharmaceutical industry, Video game

TULSA, Okla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2023.

Key Points: 
  • TULSA, Okla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2023.
  • Gross margin was 7.1% in the fourth quarter of fiscal 2023 compared to a gross margin of 2.4% in the third quarter of fiscal 2023.
  • In the Utility and Power Infrastructure segment, revenue increased to $39.1 million in the fourth quarter compared to $35.0 million in the third quarter.
  • Fourth quarter gross margin was 9.6%, primarily driven by strong execution on power delivery projects and a peak shaver project added to backlog during the second quarter of fiscal 2023.

Build to Suit Industrial Program: Customized Solutions for Light Manufacturing Facilities

Retrieved on: 
Tuesday, June 27, 2023
Lighting, Correctional Industrial Facility, Southeastern United States, Programmer, Hollingsworth, Finance lease, Site Selection, HVAC, Supply chain, Growth, Real estate, Construction

This innovative Development Program is designed to serve "on shoring" or companies migrating to the Southern US to establish manufacturing operations.

Key Points: 
  • This innovative Development Program is designed to serve "on shoring" or companies migrating to the Southern US to establish manufacturing operations.
  • Tailored Design: The Build to Suit Industrial Program provides businesses with the opportunity to collaborate closely with our experienced team of architects, construction, and project managers.
  • Together, we develop industry specific solutions that support a client's manufacturing workflows, equipment placement, and logistical requirements.
  • Flexibility and Scalability: Our approach ensures that industrial facilities can adapt and expand to support future customer requirements.

Matrix Service Company Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Monday, May 8, 2023
Maintenance, Mineral, MTRX, Process, Utility, Mining, Engineering, Correctional Industrial Facility, Pharmaceutical industry, Video game, LNG

We expect the trend in backlog growth to continue in the coming quarters,” said Matrix Service Company president and CEO John R. Hewitt.

Key Points: 
  • We expect the trend in backlog growth to continue in the coming quarters,” said Matrix Service Company president and CEO John R. Hewitt.
  • Gross margin was 2.4% in the third quarter of fiscal 2023 compared to a negative gross margin of (0.7%) in the second quarter of fiscal 2023.
  • Revenue volumes during the quarter were lower as the strong storage project awards received in the first nine months of fiscal 2023 are not expected to positively impact revenue until the fourth quarter of fiscal 2023.
  • Our effective tax rates for the third quarter of fiscal 2023 was 2.8% compared to 0.0% in second quarter.

Local Food Bank Announces Groundbreaking of New Location, A $6.5 Million Campus to Accommodate Increase of Food-Insecure Individuals

Retrieved on: 
Wednesday, May 3, 2023
Distribution, Arizona State Route 74, Correctional Industrial Facility, Nordic Genetic Resource Center, Food storage, Food, Food bank, Education, Fishing, Management

PHOENIX, May 3, 2023 /PRNewswire-PRWeb/ -- Foothills Food Bank and Resource Center, a non-profit organization dedicated to providing food and resources to those in need in Northern Maricopa County, is pleased to announce the expansion of their facility to a new location and the groundbreaking of a $6.5 million campus. The food bank will break ground this summer.

Key Points: 
  • The Foothills Food Bank's new facility will increase their capabilities to accept and distribute twice as much food as they can currently accommodate, in turn helping more lives in the 200+ square mile service area.
  • "The new campus will allow us to help neighbors with training, financial coaching, self-help programming and so much more."
  • The food bank has their sights set on becoming a certified green building, designing every aspect to reduce the overall impact of the campus on the natural environment.
  • Resource and private training space will allow the food bank to host seminars and educational events, something Foothills Food Bank has never been able to provide at this large of scale.

CMTA Wins 7 Society ASHRAE Technology Awards at National Conference

Retrieved on: 
Monday, February 6, 2023
Interior Design, Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, HVAC, Construction & Property, Engineering, Green Technology, Other Education, University, Manufacturing, Sustainability, Building Systems, Primary, Secondary, Education, Environment, University of Louisville, YMCA, Baltimore, Railway Institute Building, Marriott Hotels & Resorts, National Multiple Sclerosis Society, National Capital Chapter, Marion Parker (architect), McGill University Life Sciences Research Complex, Health, ASHRAE, National Sustainable Agriculture Coalition, Chapter, Climate, Culture, Ingalls Building, Physical property, Correctional Industrial Facility, Institution, Conference, Community, ICF, Data collection, Honorable Mention, Heating, ventilation, and air conditioning, CMTA

CMTA, a Legence company, was recognized this weekend for three 2022 Society Level ASHRAE Technology Award First-place wins at the 2023 ASHRAE Winter Conference in Atlanta, GA. Additionally, they also had two projects take home Second and two projects receive Honorable Mention.

Key Points: 
  • CMTA, a Legence company, was recognized this weekend for three 2022 Society Level ASHRAE Technology Award First-place wins at the 2023 ASHRAE Winter Conference in Atlanta, GA. Additionally, they also had two projects take home Second and two projects receive Honorable Mention.
  • ASHRAE Technology Awards are an annual, international competition recognizing individuals who apply creative design solutions within their projects across the globe.
  • This past year, 2022, CMTA submitted nine awards total with all of them rising from Chapter winners to Regional winners to the Society (National) competition.
  • CMTA was one of two U.S. firms recognized this year with 2022 bringing in the most ASHRAE Technology Awards to date for the firm.

Matrix Service Company Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, February 9, 2023
Calendar, Process, Engineering, Correctional Industrial Facility, Matrix, Utility, Video game, Reinsurance, Pharmaceutical industry, Oil, LNG

TULSA, Okla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results for its second quarter of fiscal 2023.

Key Points: 
  • TULSA, Okla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results for its second quarter of fiscal 2023.
  • It is notable that our total project awards in our second fiscal quarter reached the highest level since the first fiscal quarter of 2020.
  • We are anticipating revenue volumes in the third quarter of fiscal 2023 to be relatively unchanged from the second quarter of fiscal 2023 and to increase meaningfully in the fourth quarter of fiscal 2023 as newly awarded projects enter the revenue stream.
  • Gross margin (loss) was (0.7%) in the second quarter of fiscal 2023 compared to 6.2% in the first quarter of fiscal 2023.

The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4%

Retrieved on: 
Wednesday, November 30, 2022
Marketing, Growth, Toyota, Organization, Internal combustion engine, CXO, Resort, ICE, ICCT, International Council on Clean Transportation, BEV, Traction, USD, EV, International Council, Maintenance, City, Carbon, Pulse, Citroën Ami, Commercial, VPS, Household, Suzuki, Electricity, Correctional Industrial Facility, Consultant, Original equipment manufacturer, Safety, Microcar, Transport, Renewable energy, Rail transport, Citroën

NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period.

Key Points: 
  • NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period.
  • In China, around 1.75 million units of Micro-EVs were sold in 2017, according to the China Association of Automobile Manufacturers (EV).
  • Wuling Hongguang Mini is the best-selling micro-EV, with nearly 50,561 units sold in 2021 and Y-o-Y growth of approximately 42.9%.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Verde is awarded easements for the 23Mtpy production scenario of its Pre-Feasibility Study

Retrieved on: 
Tuesday, November 22, 2022
Canadian Institute of Mining, Metallurgy and Petroleum, Disclosure, Ministry of Oil and Mineral Reserves (Syria), Correctional Industrial Facility, Brazilian real, Risk, Legislation, NI, Resource management, National instrument, SEDAR, PFS, Mining, Metallurgy, Committee, Water, Mineral, Consultant, Canadian House of Commons Special Committee on Electoral Reform, Uranium, Bookkeeping, Lithium, Engineered wood, Potash, Real estate, Risk management, Security (finance), Oil, Project

This document contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This document contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995.
  • This information and these statements, referred to herein as "forward-looking statements" are made as of the date of this document.
  • Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
  • Verde cautions that the foregoing list of factors that may affect future results is not exhaustive.