Matrix Service Reports Deal with TransCanada for Building of Storage Terminals in North America
Matrix Service Company (Nasdaq: MTRX) announced today that it has entered into an exclusive Alliance Agreement with TransCanada Corporation (NYSE: TRP) to construct storage terminals in North America. Matrix Service will provide engineering, fabrication, and erection associated with the construction of new storage terminals and/or the expansion of existing terminals. The term of the agreement is five years. The scope of the agreement will principally include the construction of new storage tanks but also may include the balance of plant for the entire terminal.
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