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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.
David Mansfield, President and CEO commented, "This expansion is another step in the execution of our strategic plans. Our expansion into Egypt, relocation of our U.A.E. plant to Abu Dhabi and the recently announced joint venture in Saudi Arabia demonstrate our commitment to service the region's infrastructure growth."
Posted In: PPIH
