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Perma-Pipe International Holdings, Inc. Announces $54 Million in Q1 2026 Awards, Demonstrating Continued Growth Across Key End Markets

  • Perma-Pipe International Holdings, Inc. announced approximately $54 million in new project awards during the first quarter of 2026.
  • The company secured significant scope for AI-enabled data center developments in the United States to support digital infrastructure expansion.
  • Additional North American awards include projects for National Research Laboratories & the Marathon project.
  • In the MENA region, the company won major District Heating & Cooling (DHC) projects in the UAE & Saudi Arabia.
  • MENA awards align with the company's strategy on localization, regional manufacturing, & execution capabilities.
  • CEO Saleh Sagr highlighted strong demand across traditional energy infrastructure & next-generation AI-driven applications.
  • The company operates at fourteen locations across seven countries as a global leader in pre-insulated piping & leak detection systems.
  • Forward-looking statements in the release are subject to risks including oil price fluctuations, steel costs, & potential order cancellations.