- CEO
- Michael E. Reeves
- Full Time Employees
- 1,831
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 25 Bethridge Road Toronto ON Canada M9W 1M7
- IPO Date
- Feb 22, 2010
- Business
- Mattr Corp. (TSX: MATR) is a growth-oriented materials technology company that serves critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through two primary segments: Composite Technologies, which includes the Xerxes business manufacturing fiberglass reinforced plastic underground storage tanks for retail fuel, storm water, and wastewater markets, and the FlexPipe business producing flexible fiberglass reinforced composite pipe for oil and gas gathering, water disposal, and carbon dioxide injection lines; and Connection Technologies, which offers heat-shrinkable products such as thin, medium, and heavy-walled tubing, sleeves, molded products, accessories, and equipment, as well as low-voltage wires, cables, connectors, and harness solutions for control, instrumentation, thermocouple, power, and industrial automation applications under brands like Shawflex. Mattr maintains a global network of fixed and mobile manufacturing and service facilities, targeting customers in energy, automotive, utilities, and related sectors across North America and worldwide. Founded in 1968 and headquartered in Toronto, Ontario, Canada, the company, formerly known as Shawcor Ltd., legally changed its name to Mattr Corp. in January 2024 following a rebranding initiated in 2022 to support strategic simplification and sales processes. In November 2024, Mattr entered into a definitive agreement to acquire AmerCable Incorporated from Nexans USA Inc. for approximately C$390 million, expanding its wire and cable portfolio with medium voltage solutions, enhancing North American manufacturing capacity, and positioning it as a premier provider in mission-critical infrastructure applications, with the transaction expected to close in early 2025 and be immediately accretive to earnings per share. Recent operational advancements include the completion of North American production network modernization, expansion, and optimization in 2025, alongside ongoing share repurchases under its normal course issuer bid and revenue growth of 39.2% in the third quarter of 2025 from continuing operations.