NILES, Ill.--(BUSINESS WIRE)--
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced
the appointment of Thierry Jahant to Vice President - Oil and Gas
International, reporting to Grant Dewbre, Senior Vice President - Middle
East North Africa. Thierry will lead the international project
tendering, contract management and client liaison for the East Africa
Crude Oil Project (EACOP) as well as pursue oil and gas project
opportunities outside of North America with an emphasis on geographic
growth and the penetration of new markets.
President and CEO David Mansfield commented, "I am pleased that Thierry
has chosen to join the Perma-Pipe team to lead our vision for the
geographic expansion of Perma-Pipe’s presence in the oil and gas
pipeline industry. Thierry brings extensive industry experience and
international recognition in managing large international oil and gas
projects and has earned a reputation of success. His understanding and
experiences with various cultures and business relationships around the
world coupled with his successes in influencing change are valuable
attributes that will further strengthen our organization and processes
as we seek to expand our geographical presence."
Thierry brings over 20 years of international experience in project and
business management including commercial and business development roles.
He has extensive experience living and working internationally,
including Denmark, UK, Brazil, Germany and France. Additionally, he has
worked on several projects in Indonesia, Africa, Norway, Thailand,
India, China and Azerbaijan. His scope of experience covers a variety of
companies including serving in leadership roles at EUPEC Pipe Coating,
Tradacero, Bredero Shaw (Shawcor) and Logstor.
Thierry joins Perma-Pipe from the Copenhagen office of Logstor, which
provides pre-insulated pipe systems for the transportation of gases and
liquids to the district heating and cooling, oil and gas, marine and
industrial sectors. 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,
internal coatings, field joint coatings, and welding and fabrication
activities for steel pipe intended for oil and gas pipeline construction.
Mr. Jahant commented, "Perma-Pipe has earned a reputation as a market
leader in the pre-insulated piping market and I am excited about being
given the opportunity to be part of this talented team. I am looking
forward to expanding Perma-Pipe’s products and influence to new markets
and to bringing cost-effective and technically superior solutions to our
customers. As a market leader Perma-Pipe has the momentum to affect
positive change in the industry and I look forward to growing both
products and services globally."
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.
Forward-Looking Statements
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180406005741/en/
Perma-Pipe International Holdings, Inc.
David Mansfield,
President and CEO
(847) 966-1000
or
Perma-Pipe
Investor Relations
(847) 929-1200
investor@permapipe.com
Source: Perma-Pipe International Holdings, Inc.