Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. It has operations in the United States, Canada, the Middle East, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was founded in 1909 and is headquartered in Niles, Illinois.
IPO Year:
Exchange: NASDAQ
Website: permapipe.com
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The Company generated net sales of $46.7 million compared to $34.3 million in the first quarter of 2024 Income before income taxes of $7.4 million versus $2.6 million in the first quarter of 2024 Backlog of $131.1 million at April 30, 2025, compared to $63.1 million at April 30, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the first quarter ended April 30, 2025. "Sales for the first quarter were $46.7 million, resulting in an increase of $12.4 million, or 36.2%, compared to $34.3 million in the same quarter last year. Net income attributable to common stock of $5.0 million was an increase of $3.6 million, or 243%, compared to $
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH, or "Perma-Pipe")), today announced the departure of David Mansfield as Chief Executive Officer ("CEO"), effective June 7, 2025. Concurrent with this announcement, the Board of Directors (the "Board") has appointed Saleh Sagr to serve as President and Chief Executive Officer. Chairman of the Board Jerome T. Walker commented: "On behalf of the Board of Directors, I want to thank David for his service to Perma-Pipe, and we wish him all the best. The Board is thrilled to welcome Saleh Sagr as our new CEO. He has a proven track record of strategic vision, operational insight, outstanding customer relationships, and strong leadership and we
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced that it has received its first project award to be executed in Qatar since the announcement of the intent to mobilize there. The project will be for USD $2.4 million and will utilize Perma-Pipe's fabrication capabilities and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Adham Sharkawy, Senior Vice President of Perma-Pipe's MENA region, remarked, "In response to this important award, we will begin executing the project from a temporary facility in Doha, ensuring timely delivery and uninterrupted service to our client. Simultaneously, we are advanc
The Company generated net sales of $45.0 million for the quarter and $158.4 million for the year Income before income taxes of $5.3 million for the quarter and $18.5 million for the year Backlog of $138.1 million at January 31, 2025, compared to $68.5 million at January 31, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. "Sales for the fourth quarter and full year 2024 show moderate growth and were $45.0 million and $158.4 million, resulting in increases of $4.8 million and $7.7 million, compared to the prior year. Income before taxes was $5.3 million and $18.5 million i
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of USD $27 million. These projects will utilize Perma-Pipe's anti-corrosion coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Multiple awards for the provision of anticorrosion coating services for the oil and gas markets in Western Canada and the U.A.E. Multiple awards for the provision of double-containment and pre-insulated piping solutions for data center and industrial expansion projects in the U.S. and Saudi Arabia
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the notification of Chief Executive Officer David Mansfield to retire and the appointment of Saleh Sagr as President. Mr. Mansfield's decision to retire follows a highly successful tenure as CEO, during which the Company experienced significant prosperity, with notable improvements in both profitability and share price. Under Mr. Mansfield's leadership, the Company significantly increased its financial performance, all the while executing a strategic initiative to continue its international expansion, both organically and through strategic partnerships. Additionally, this decision also marks the culmination of a remarkab
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Jon C. Biro, effective March 4, 2025. Mr. Biro, age 58, has extensive business leadership, financial, board, and C-Suite executive experience, serving as an Operating Advisor to Snow Peak Capital, LLC since 2022, as well as serving on the board for one of its portfolio companies, Sandy Alexander, Inc., a commercial printing business. Previously, Mr. Biro served as Chief Financial Officer to several public companies, including Harte-Hanks, Inc., a marketing services business from 2017 to 2019, Exterran Holdings, Inc., in the natural gas com
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. Project commencement is expected to begin in the third quarter of 2025. The value of this project is estimated to exceed $43 million. This project will utilize Perma-Pipe's anti-corrosion coatings capabilities, fabrication, and the TRACE-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Saleh Sagr, Sr. Vice President for Perma-Pipe's MENA region, comme
Perma-Pipe Board member Cynthia Boiter resignation and Chairman Jerome T. Walker not standing for re-election Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025. Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe's upcoming 2025 Annual Stockholders Meeting. They will both be transitioning their Board responsibilities over the coming months. Presid
The Company generated net sales of $41.6 million for the quarter and $113.4 million year-to-date Income before income taxes of $5.1 million for the quarter and $13.2 million year-to-date Backlog of $114.2 million at October 31, 2024, compared to $68.5 million at January 31, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended October 31, 2024. "Net sales for the third quarter were $41.6 million, a decrease of $4.1 million, as compared to the same quarter last year. Net income attributable to common stock of $2.5 million was an increase of $0.5 million, or 29%, compared to $1.9 mil
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8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
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8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
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8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
DEFR14A - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
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8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
3 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
3 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH, or "Perma-Pipe")), today announced the departure of David Mansfield as Chief Executive Officer ("CEO"), effective June 7, 2025. Concurrent with this announcement, the Board of Directors (the "Board") has appointed Saleh Sagr to serve as President and Chief Executive Officer. Chairman of the Board Jerome T. Walker commented: "On behalf of the Board of Directors, I want to thank David for his service to Perma-Pipe, and we wish him all the best. The Board is thrilled to welcome Saleh Sagr as our new CEO. He has a proven track record of strategic vision, operational insight, outstanding customer relationships, and strong leadership and we
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the notification of Chief Executive Officer David Mansfield to retire and the appointment of Saleh Sagr as President. Mr. Mansfield's decision to retire follows a highly successful tenure as CEO, during which the Company experienced significant prosperity, with notable improvements in both profitability and share price. Under Mr. Mansfield's leadership, the Company significantly increased its financial performance, all the while executing a strategic initiative to continue its international expansion, both organically and through strategic partnerships. Additionally, this decision also marks the culmination of a remarkab
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Jon C. Biro, effective March 4, 2025. Mr. Biro, age 58, has extensive business leadership, financial, board, and C-Suite executive experience, serving as an Operating Advisor to Snow Peak Capital, LLC since 2022, as well as serving on the board for one of its portfolio companies, Sandy Alexander, Inc., a commercial printing business. Previously, Mr. Biro served as Chief Financial Officer to several public companies, including Harte-Hanks, Inc., a marketing services business from 2017 to 2019, Exterran Holdings, Inc., in the natural gas com
Perma-Pipe Board member Cynthia Boiter resignation and Chairman Jerome T. Walker not standing for re-election Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025. Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe's upcoming 2025 Annual Stockholders Meeting. They will both be transitioning their Board responsibilities over the coming months. Presid
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the appointment of Matthew Lewicki to Vice President and Chief Financial Officer, Secretary and Treasurer ("CFO") replacing long time financial executive D. Bryan Norwood who informed the Board of his intention to retire effective October 2, 2023. As CFO, Matthew is charged with leadership, oversight and execution of all PPIH financial matters and will serve as a key business advisor to the senior leadership team and Board of Directors. Mr. Norwood will transition his responsibilities to Mr. Lewicki while assuming the role of Vice President, Strategy until his retirement on March 31, 2024. Mr. Lewicki joined PPIH in 202
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the appointment of Chuck Heaton to Vice President of Human Resources replacing Jill Curry. Chuck is charged with providing Human Resources strategy and leadership in developing and shaping key core competencies within PPIH that support the continuing growth of the company's business globally. These key core competencies include organizational design, talent management, succession planning, workforce planning, employee engagement, and overall business partnership. Chuck has extensive experience working globally including North and South America, Caribbean, Europe, Africa, Middle East and Asia Pacific. He has spent a to
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced Wayne Bosch has retired on July 3, 2022, after eight years of service to PERMA-PIPE and its subsidiaries. "Wayne joined the company in 2013 when we were known as MFRI, playing an instrumental role in many of the changes impacting MFRI and PERMA-PIPE over the years. As the Vice President and Chief Human Resources Officer, Wayne was a key executive team member. He also served as Chief Compliance Officer. He provided valuable leadership and contributed to our strategy development globally. Wayne was a dependable and helpful resource to us throughout his tenure. Not only in his core function of HR but also in other important
Long-time Perma-Pipe board member David Barrie - not standing for re-election Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), a global engineered piping services company, today announced changes to its Board of Directors, including the appointment to the Board of Mr. Robert McNally effective February 14, 2022. Robert McNally will replace Perma-Pipe Director, Mr. David Barrie, who has announced he will not stand for re-election to the Perma-Pipe Board during Perma-Pipe's upcoming June 23, 2022 annual stockholders meeting. President and CEO, Mr. David Mansfield commented, "Mr. Barrie has been a valued member of our Board since 2012 and as Chairman since 2015, guiding the company thro
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the appointment of Grant Dewbre to Chief Operating Officer and Saleh Sagr to Senior Vice President, Middle East and North Africa (MENA). Grant joined Perma-Pipe in 2017 as Senior Vice President, MENA, and has been successful in having a positive impact on our work culture, in identifying new opportunities, and in achieving growth in new and existing markets. Returning to Houston from Dubai, Grant will assume full operational, managerial and administrative responsibility for Perma-Pipe's businesses globally. Grant has over 30 years of experience in the management of projects and business units worldwide including sales
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