Company News

04/19/2022

Net sales of $39.1 million for the quarter and $138.6 million for the year Net income of $3.0 million for the quarter and $6.1 million for the year Backlog of $39.3 million at January 31, 2022 NILES, Ill.--(BUSINESS WIRE)-- Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for...

03/16/2022

SPRING, Texas--(BUSINESS WIRE)-- 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. The newly awarded projects are part of major infrastructure developments in King...

02/15/2022

Long-time Perma-Pipe board member David Barrie - not standing for re-election SPRING, Texas--(BUSINESS WIRE)-- 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...

01/13/2022

SPRING, Texas--(BUSINESS WIRE)-- 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. The newly awarded projects are part of major infrastructure developments both in Al-Alamin, Egypt...

09/28/2021

SPRING, Texas--(BUSINESS WIRE)-- 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)...

09/08/2021

Company Release - 9/8/2021 9:00 AM ET The Company generated net sales of $39.8 million for the second quarterNet income was $3.4 million in the second quarter compared to $0.3 million in the same quarter of 2020Backlog stood at $53.2 million on July 31, 2021 compared to $52.6 million on January 31,...

06/22/2021

Company Release - 6/22/2021 9:00 AM ET SPRING, Texas--(BUSINESS WIRE)-- 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).Grant joined Perma-Pipe in 2017 as Senior Vice President, MENA, and has been...

05/10/2021

  Company Release - 5/10/2021 10:55 AM ET SPRING, Texas--(BUSINESS WIRE)-- 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. The project will utilize Perma-Pipe’s premier...

04/19/2021

Company Release - 4/19/2021 11:45 AM ET NILES, Ill.--(BUSINESS WIRE)-- 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. The property sold consisted of land and buildings in Lebanon, Tennessee related to the...

04/15/2021

Company Release - 4/15/2021 4:15 PM ET Net sales of $21.3 million for the quarter and $84.7 million for the year Net loss of $2.5 million for the quarter and $7.6 million for the year Backlog of $52.6 million at January 31, 2021 NILES, Ill.--(BUSINESS WIRE)-- Perma-Pipe International Holdings, Inc....