NILES, Ill., Nov. 16, 2017 (GLOBE NEWSWIRE) -- Perma-Pipe International Holdings, Inc. (Nasdaq:PPIH) today announced the appointment of Grant Dewbre to Senior Vice President - MENA, with full operating and financial responsibility for Perma-Pipe’s business in the MENA region including pursuing geographical expansion of potential new markets for the continued growth of the Perma-Pipe brand.
President and CEO David Mansfield commented, “I am excited that Grant has agreed to join us to lead the MENA region and I have every confidence he will have an immediate and positive impact to our business. Grant has a proven track record of successfully managing significant operations, business development and commercial activities and he has accumulated extensive experience of working in many international locations and cultures, all of which will be directly relevant and beneficial to his responsibilities with Perma-Pipe.”
Grant brings over 25 years of experience in the management of projects and business units worldwide including sales and business development roles, the management of commercial activities, and the management of operations and construction activities for major oil and gas industry contracting companies. He has extensive experience working globally including in North and South America, Europe, Africa, Asia and the UAE. His scope of experience covers a variety of industries including serving in leadership roles at Seaway Heavy Lifting, Ceona Services (UK) LTD, Heerema Marine Contractors, and Bredero Shaw (Shawcor).
Grant joins Perma-Pipe from the Houston office of Netherlands-based Seaway Heavy Lifting, which provides offshore installation and decommissioning services. Prior to that, Grant served at Ceona and Heerema Marine Contractors, focusing on rigid pipeline installation services in senior sales and execution roles. He also held a variety of leadership roles for Bredero Shaw, which specializes in the application of anti-corrosion coatings, concrete weight coatings, thermal insulation coatings, field joint coatings, and welding/fabrication activities for steel pipe intended for oil & gas pipeline construction.
Mr. Dewbre commented, “I am excited about being given the opportunity to lead the MENA region for Perma-Pipe. The company has a reputation as a leader in the field of insulated piping systems for both oil and gas and civil construction applications, as well as leak-detection systems, and I am looking forward to expanding Perma-Pipe into new markets and strengthening market share in existing markets through customer-focused delivery and efficiency. I welcome the opportunity to join the great team of employees in both the Middle East and North America, and to work with all of our customers, suppliers, and other stakeholders, to deliver great finished products to our customers and solid returns to our shareholders. I am confident that Perma-Pipe will continue to be a leader in its market segments, and that we will be successful in implementing positive changes in the existing operations as well as introducing a strategy to grow the business throughout the region.”
Mr. Mansfield concluded, “The Perma-Pipe organization is driven to provide industry-leading products and services in meeting the demands of our customers, shareholders and employees. In pursuing the goals of Perma-Pipe through our values, people and strategies, we will continue to pursue growth and improved financial performance.”
Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. (Nasdaq:PPIH) is a global leader in pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids. In total, Perma-Pipe has operations at seven locations in five countries.
Statements and other information contained in this announcement that can be identified by the use of forward-looking terminology constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby, including, without limitation, statements regarding the expected future performance and operations of the Company. These statements should be considered as subject to the many risks and uncertainties that exist in the Company's operations and business environment. Such risks and uncertainties include, but are not limited to, the project nature of the business, the increasing international nature of the business, economic conditions, market demand and pricing, competitive and cost factors, raw material availability and prices, global interest rates, currency exchange rates, labor relations and other risk factors.
|COMPANY:||Perma-Pipe International Holdings, Inc.|
|CONTACTS:||David Mansfield, President and CEO|
|Harriet Fried / Jody Burfening|
Source:Perma-Pipe International Holdings, Inc.