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CEMATRIX increases Credit Facility with CIBC to $8 million
Jun 28, 2024•almost 2 years ago
Contract Type
agreement
CalgaryManufacturing
Description
CEMATRIX Corporation has announced an increase to its credit facility with the Canadian Imperial Bank of Commerce (CIBC) to a maximum borrowing limit of $8 million, to support its ongoing growth and short-term annual working capital requirements during peak periods. The other terms of the credit facility remain materially unchanged, and the credit facility remains undrawn as of today’s date.
Company Information
Company
CEMATRIX
Location
Calgary, Alberta, Canada
About
CEMATRIX is a rapidly growing company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. The company delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial, energy and commercial markets.
CalgaryManufacturing