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Stock impact report

Matthews International’s Engineering Business Establishes Hydrogen Fuel Cell (HFC) Development Center in Burlington, NC

Matthews International Corporation - Class A (MATW) 
Last matthews international corporation - class a earnings: 1/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: matw.com/investor
Company Research Source: GlobeNewswire
PITTSBURGH, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews”), a global provider of industrial technologies and renewable energy equipment, today announced the relocation of its bipolar plate manufacturing and prototyping operations (under the brand name Terrella Energy) to its site in Burlington, North Carolina. The new site is strategically located within the Southern Automotive Corridor with close proximity to several electric vehicle automakers and battery manufacturers. Having received one of eight grants from the North Carolina Rural Infrastructure Authority (RIA) to invest in rural communities, Matthews’ award will support the 60,000-square-foot expansion of its Burlington site. The facility, part of the Matthews Engineering energy solutions business, will have capabilities to fabricate both flat die and rotary embossing tooling for the forming of graphite bipolar plates, and a low volume production line to produce a Show less Read more
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