◂ Announcements

Oct 18, 2021INVESTMENTMississauga, Ontario, Canada

Cymat Technologies launches $2M plant optimization program in Mississauga

Cymat Technologies announced a $2 million capital investment program to upgrade and modernize its Mississauga, Ontario plant, aiming to increase output to approximately $75 million and deploy automation.

Value

$2.00M

Status

Announced

Capacity

output to approximately $75M (on a staged basis)

Productsaluminum foam (SmartMetal)

CompaniesCymat Technologies Ltd.

Sectors#Automotive Components #Industrial Machinery

“The Company will invest approximately $2M, for which it is currently well capitalized to execute, to upgrade and modernize its Mississauga Ontario plant and to facilitate various R&D/product development initiatives.”newswire.ca

1 source
newswire.caCymat Announces Senior Management Addition and Intiates Plant Optimization Capital Investment ProgramCymat Technologies Ltd.Oct 18, 2021

Summarized from public sources; check the original articles before acting on it.

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