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Shawcor Ltd. of Toronto plans to take a new name by midyear: Mattr, because: "What we do matters, to our employees, our customers, our communities and all of our stakeholders."
A new Texas site will expand the company's production of spoolable Flexpipe flexible composite pipe, and a South Carolina plant will make plastic underground storage tanks.
Composite pipe and tank maker Shawcor Ltd. of Toronto is expanding, with plans to add plants in Texas and South Carolina, a $60 million investment.