Perma-Pipe International Holdings, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Saleh Sagr
- Full Time Employees
- 750
- Sector
- Industrials
- Industry
- Construction
- Address
- 6410 West Howard Street The Woodlands IL United States of America 60714-3491
- IPO Date
- Dec 15, 1989
- CIK
- 0000914122
- Website
- permapipe.com
- Similar Companies
- Business
- Perma-Pipe International Holdings, Inc. engages in the manufacture and supply of engineered piping systems and related products, primarily serving the energy infrastructure sector. Its core offerings include pre-insulated piping solutions; anti-corrosion coatings; double containment piping systems; leak detection systems; custom fabrication services; and containment solutions designed to prevent environmental contamination. The company supports critical applications such as oil and gas production, petrochemical processing, district heating and cooling, and data center infrastructure, with operations extending across North America, the Middle East, and other global markets. Founded in 1967, Perma-Pipe is headquartered in Salisbury, Maryland, USA. In recent years, Perma-Pipe has significantly expanded its global footprint through strategic initiatives, including the establishment of manufacturing and service facilities in the Middle East, notably in Saudi Arabia and Qatar. In 2023, it opened a plant in Abu Dhabi and approved a joint venture in Saudi Arabia, further solidifying its regional presence. In 2024, the company gained acceptance into the QatarEnergy Tawteen program, reinforcing its position in the Gulf region. A major development includes securing official technical and commercial endorsement from Saudi Aramco, enabling direct engagement with the oil and gas giant, and enhancing commercial opportunities in the Kingdom. Throughout 2025, Perma-Pipe secured over $80 million in new project awards, including significant contracts in U.S. data center infrastructure and Saudi projects, driving strong sales growth and backlog expansion. The company also completed the acquisition of certain assets of its major competitor Ricwil Piping Systems, strengthening its competitive position. The company's operational strategy focuses on continuous innovation and market penetration within key segments such as oil and gas, district energy, and industrial infrastructure. Its engineered piping solutions are designed with advanced technology integrating thermal insulation, environmental safety through anti-corrosion and leak detection, and custom fabrication to meet rigorous industry standards. Perma-Pipe's diversified product portfolio and geographic expansion strategy aim to support growing global energy infrastructure demands with reliable, high-performance solutions. Perma-Pipe International Holdings, Inc. operates as a publicly traded entity listed on NASDAQ under the ticker PPIH. The company targets a wide customer base, including oil and gas producers, utilities, industrial clients, and infrastructure developers primarily in North America and the Middle East. The ongoing expansion efforts and recent endorsements underline its ambition to increase market share and operational scale internationally. Overall, Perma-Pipe combines a heritage of over five decades with recent strategic partnerships, acquisitions, and high-value contracts, positioning itself as a leading supplier of specialized piping systems and infrastructure solutions for critical industrial sectors globally.
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