• Perma-Pipe outlined a strategy to expand into the U.S. Northeast, targeting the AI-driven data center market and the district heating and cooling sector.
• A new Northeast facility is planned to begin operations in Q2 2026.
• Investment priorities include expanding activity in the AI data center sector and pursuing diversification into new product lines in the industrial and water sectors across North America and the MENA region.
• The company said it is seeking a new global banking agreement to increase liquidity and financing flexibility for planned growth investments.
• The board ended its review of strategic alternatives and plans to continue executing its strategy as an independent public company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perma-Pipe International Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-008955), on March 19, 2026, and is solely responsible for the information contained therein.