Mattr Corp - Company Profile

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Business Description

Mattr Corp (Mattr) is a global materials technology company focused on growth, serving critical infrastructure markets such as transportation, communication, water management, energy, and electrification. Its manufacturing and distribution network includes multiple centers across North America, Europe, and Asia. The company classifies its operations into two reportable operational segments: Composite Technologies and Connection Technologies. In FY2025, the company's capital expenditure stood at CAD63.2 million, which as a percentage of revenue stood at 5%.

R&D Overview

Mattr drives material sciences and infrastructure innovation through dedicated research and development focused on composite polymers, electrical connectivity, and heat-shrink technologies. The company's R&D operations primarily support two divisions: Composite Technologies and Connection Technologies. Mattr R&D initiatives include the development of corrosion-resistant, non-metallic spoolable pipe solutions (Flexpipe) and fiberglass storage tanks (Xerxes) for the water management and energy sectors. Additionally, engineers develop highly engineered wire, power cables, and heat/cold-shrink tubing solutions (AmerCable, Shawflex, DSG-Canusa) tailored for electrification, transportation, and industrial automation. The company holds multiple patents for specialized manufacturing techniques required to extrude, bond, and protect advanced polymers. Mattr intends to continue ongoing research and development programs directed towards new or enhanced products, services, and processes. Mattr held 53 issued patents and 77 registered trademarks as of December 31, 2025. In FY2025, the company spent CAD11.6 million on R&D, which as a percentage of revenue stood at 0.9%

Business Segments

Overview

Includes Flexpipe and Xerxes, focusing on flexible pipeline products and corrosion-free storage tanks. It serves industries like oil, natural gas, and infrastructure. Operates in regions including North America, Latin America, Asia Pacific, the Middle East, India, and North Africa. Key brands associated with this segment are Flexpipe and Xerxes.

Performance

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Overview

Includes DSG-Canusa and Shawflex, focusing on heat shrinkable products, electrical insulation solutions, and power cables. It serves industries like automotive, defense, telecommunications, electrical utility, industrial, nuclear, and aerospace across North America, Europe, and Asia. Key brands include: DSG-Canusa and Shawflex.

Performance

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Geographical Segments

Target Markets

Indonesia, Malaysia, China and Australia

Performance

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Performance

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Target Markets

Azerbaijan, Italy, Norway, the UK, the UAE, the Netherlands and Germany

Performance

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Performance

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