MTRX - Matrix Service Company Receives Award From Long-Standing Client for Multiple Storage Tanks on the West Coast | Benzinga
TULSA, Okla., March 05, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX) announced today its subsidiary, Matrix North American Construction (Matrix NAC) has been awarded the engineering, procurement, and construction of three 522,000-barrel crude oil storage tanks for a long-standing client at a terminal on the West Coast. Matrix Applied Technologies will also provide geodesic domes, which help manage carbon emissions, as part of the project.
"As a leader in the engineering, construction, and maintenance of storage tanks and terminals, this award is but one of a growing number of downstream project opportunities and supports our client's commitment to meeting the world's ongoing need for fossil fuel while also lowering the carbon intensity of their operations," said Matrix Service President and CEO John R. Hewitt. "We value our long-standing relationship with this client and their trust and confidence in us to engineer and construct this critical infrastructure."
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