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BluMetric Expands with Caribbean Contract and U.S. Manufacturing Facility

Story Highlights
  • BluMetric secured a CA$1.2 million contract for a wastewater treatment system in the Bahamas.
  • The company is expanding its U.S. manufacturing capacity with a new lease in Gainesville, Florida.
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BluMetric Expands with Caribbean Contract and U.S. Manufacturing Facility

BluMetric Environmental ( (TSE:BLM) ) has provided an announcement.

BluMetric Environmental Inc. has announced two significant developments: the signing of a CA$1.2 million contract for a Membrane Bioreactor wastewater treatment system in the Bahamas and a new lease for a larger U.S. manufacturing facility in Gainesville, Florida. These moves demonstrate the company’s growth and expansion efforts, particularly in addressing the growing demand for water infrastructure in the Caribbean and increasing its manufacturing capacity in the U.S. to support larger contracts and workforce expansion.

More about BluMetric Environmental

BluMetric Environmental Inc. is a publicly traded environmental consulting and engineering company headquartered in Ottawa, Ontario. With over 220 employees in ten offices and more than 45 years of expertise, BluMetric specializes in designing, fabricating, and delivering sustainable solutions to environmental and water challenges for commercial and industrial, military, mining, and government clients.

YTD Price Performance: 0.0%

Average Trading Volume: 32,805

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$33.6M

See more data about BLM stock on TipRanks’ Stock Analysis page.

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