Benzinga | Feb 8, 2021 04:35PM EST

American Pacific Borates Limited Selects Matrix Service To Construct Fort Cady Borate Mine Facility

TULSA, Okla., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX) announced today that its subsidiary, Matrix Service Inc. ("Matrix Service") has been selected by American Pacific Borates Limited ("American Pacific" or "APB") for the first phase of construction of its Fort Cady Borate Mine Facility in southern California. When completed, Phase One A is targeted to produce 20,000 short tons per annum (stpa) of potassium sulfate and 9,000 stpa of boric acid, with amounts increasing in subsequent phases.



"We are extremely proud to have been selected by American Pacific for the construction of this critical infrastructure, which will expand their ability to provide the market with these important industrial components," said Matrix Service Company CEO John R. Hewitt. "We look forward to helping them achieve their objectives by delivering this project safely, with the highest quality, on time and on budget."

Construction for this phase is expected to begin in the first quarter of calendar 2021.