CEMATRIX Corporation announced that it has signed $6.7 million in new and modified contracts, bringing its total contracts announced since the beginning of the fiscal 2024 year to $12.9 million. The majority of the $6.7 million innew contracts are new projects, not previously included in Contracts in Process. These new projects or changes to projects include a $1.2 million load reducing fill project in the Eastern U.S. and a $1.4 million change order to a tunnel backfill project in the Midwest U.S. All of the new and modified contracts are currently scheduled to be completed in 2024".

Factoring in these new contracts, changes to existing contracts and after deducting sales to the end of January, the company backlog is approximately $100.0 million as of March 6th, 2024. The Corporation's Backlog is defined as Contracted plus Contracts in Process net of sales completed to date. Contracted plus Contracts in Process are defined as projects where the related contract is in office for review or signature; or signed and returned to the client for their signature; or is in the post award project submission process; or is awarded by letter of intent; or is awarded by some other form of written communication.