10
Jun
22:28
MFRI turns to niche markets to bolster profits
Piping systems fabricator MFRI is sharpening its focus on specialty oil and gas systems to weather the general downturn in commodity prices, Kallanish learns from the company’s fiscal first quarter earnings review.
MFRI posted a pre-tax loss of $4.5 million on sales of $23.1m, down -20% and up 14%, respectively. The bulk of the sales increase was a result of the acquisition of Bayou Perma-Pipe Canada and “…large projects in the US and India of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous