Cemtrex Completes Acquisition of Richland Industries, Expanding Its Industrial Services Platform into the Southeast
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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Source: GlobeNewswire
Hauppauge, NY, Feb. 05, 2026 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (Nasdaq: CETX) today announced that its Advanced Industrial Services (“AIS”) subsidiary has acquired all the assets of Richland Industries (“Richland”), an industrial services and fabrication company located in Tennessee. In connection with the transaction, AIS established a new subsidiary, AIS Tennessee to acquire and operate the business and its primary facility. The acquisition extends the Company’s industrial services platform into one of the fastest-growing industrial regions in the United States. The transaction represents a significant next step in AIS’s multi-year evolution. Since fiscal 2022, AIS has grown from approximately $21 million in annual revenue to approximately $38 million in fiscal 2025, while maintaining consistent gross margins and operating profitability. That progress has been driven by diligent execution, financial discipline, and a focus on complex industrial, infrastructure, and manufactur
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CETX
Sec Filings
- 1/16/26 - Form 10-K/A
- 1/9/26 - Form 424B5
- 1/9/26 - Form 8-K
- CETX's page on the SEC website