Mattr
Mattr Corp. (TSX: MATR) is a Canadian materials technology company that designs, manufactures and distributes engineered wire, cable, heat-shrink tubing, composite linepipe and fiberglass storage tanks through brands Shawflex, AmerCable, DSG-Canusa, Flexpipe and Xerxes for oil and gas, mining, utility, electrical infrastructure and municipal customers globally.
- Company typePublic
- Founded2023
- HeadquartersToronto, Canada
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Mattr does
Mattr Corp. (TSX: MATR) is a publicly listed Canadian materials technology company headquartered in Toronto that designs, manufactures and distributes engineered products for critical infrastructure end-markets including oil and gas, mining, utilities, electrical infrastructure, automotive/transportation and municipal water management. The company operates through five core brands: Shawflex (engineered wire, cable and assemblies), AmerCable (jacketed power, control and instrumentation cables including GEXOL Type P and LSHF for offshore and mining), DSG-Canusa (heat-shrink and cold-shrink tubing with 50+ years of materials science expertise), Flexpipe (spoolable composite linepipe with 15+ patents and 20+ year design life) and Xerxes (corrosion-resistant fiberglass tanks and HydroChain stormwater systems). Manufacturing is concentrated in North America across roughly twenty facilities in Canada (Calgary, Vaughan, Edmonton) and the United States (El Dorado, Katy, Rockwall, Fairfield, Seguin, Williamsport, Tipton, Dallas, Houston, Midland), with international distribution reach into Australia and selected global markets.
Mattr generates revenue primarily through one-time product sales of engineered hardware sold under multi-year supply contracts at quote-based pricing to industrial enterprise customers and channel partners. The go-to-motion combines Regional Sales Managers targeting OEMs and end-users, an established channel/distributor network (notably for Shawflex), and direct brand-website lead capture. The January 2025 acquisition of AmerCable materially expanded the U.S. wire and cable footprint and contributed the bulk of FY2025's 43% revenue growth to $1.27B. In Q1 2026, Mattr reported revenue of $321.8M (+0.5% YoY), operating income of $22.6M (+22.3%) but net income from continuing operations of just $7.4M (-84.6%) and adjusted EBITDA of $39.6M (-14.9%), reflecting unfavorable sales mix and higher input costs. Recent strategic activity includes a US$300M credit facility extended to October 2030, partnerships with Daon and the New Zealand Department of Internal Affairs into digital identity infrastructure, and capacity expansion via new Rockwall (TX) and Vaughan (ON) plants, signaling an industrial company that is adding adjacent digital infrastructure optionality while digesting a major acquisition.
Mattr firmographics
Firmographics- Name
- Mattr
- Legal name
- Mattr Corp.
- Website
- https://mattr.com
- Company type
- Public
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Mattr Corp. (TSX: MATR) is a Canadian materials technology company that designs, manufactures and distributes engineered wire, cable, heat-shrink tubing, composite linepipe and fiberglass storage tanks through brands Shawflex, AmerCable, DSG-Canusa, Flexpipe and Xerxes for oil and gas, mining, utility, electrical infrastructure and municipal customers globally.
- Ownership category
- akta.pro rank
Mattr industry classification
Industry- Product category
- Advanced Industrial Materials Manufacturing
- NAICS
- Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing (32612), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Rubber and Plastics Hoses and Belting Manufacturing (32622)
- SIC
- Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Miscellaneous Plastics Products (3080), Unsupported Plastics Film & Sheet (3081)
- akta.pro primary industry
- Shrink, Stretch & Wrap Films (Pallet Wrap, Shrink Sleeves/Overwrap) (IMALABAF)
- akta.pro secondary industries
- Industrial & Chemical Rigid Plastic Packaging (Drums, Pails, Jerrycans) (IMALAAAG), Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells) (IMANAHAC)
Keywords
Where Mattr is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices21 records
Markets served
Mattr business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Product Sales (Composite Technologies): Revenue from sale of composite linepipe products (Flexpipe), fiberglass storage tanks (Xerxes), and related installation services. Products are sold directly to end-users in oil and gas, water management, and infrastructure markets.
- Product Sales (Connection Technologies): Revenue from sale of heat-shrink tubing (DSG-Canusa), wire and cable products (Shawflex, AmerCable). Products are sold through direct sales teams and distribution channels to industrial customers.
- Acquisition-Driven Growth: AmerCable acquisition in January 2025 contributed to 43% revenue increase to $1.27B, establishing U.S. wire and cable manufacturing footprint. Revenue driven by increased exposure to North American wire and cable markets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise/Industrial Products |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Mattr product offering
Product offeringCore offering
Mattr manufactures and sells advanced engineered materials and physical infrastructure products through six brand divisions: Shawflex and AmerCable (engineered wire, cable and assemblies), DSG-Canusa (heat-shrink and cold-shrink tubing), Flexpipe (spoolable composite linepipe), Xerxes (fiberglass underground storage tanks and HydroChain stormwater management systems), and Thermotite (pipeline coatings). Products are sold primarily to industrial and infrastructure customers in oil and gas, mining, utilities, automotive and municipal markets across North America, Australia and other international geographies.
Product overview
Mattr is a materials technology company organized into five distinct product divisions serving critical infrastructure markets worldwide. The portfolio includes: Shawflex and AmerCable for engineered wire, cable and assemblies (Shawflex serving industrial and infrastructure markets; AmerCable providing jacketed power, control and instrumentation cables for mining, oil and gas and industrial applications); DSG-Canusa for heat-shrink and cold-shrink tubing solutions serving automotive, aerospace, utilities, nuclear and renewable energy markets; Flexpipe for spoolable composite linepipe used in oil and gas, CO2 injection and water applications; and Xerxes for fiberglass underground storage tanks and HydroChain stormwater management systems. An additional product line, Thermotite, provides pipeline coating solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Shawflex Engineered Wire, Cable and Assemblies Shawflex offers highly engineered wire, cable and harness technologies serving industrial and infrastructure markets across North America, sold through direct enterprise sales teams and channel partner networks.
- AmerCable Jacketed Electrical Power, Control and Instrumentation Cables AmerCable manufactures ISO 9001:2015 certified low and medium-voltage jacketed electrical power, control and instrumentation cables for harsh mining, oil and gas, and industrial applications. Offers include Tiger Brand heavy-duty mining cables and GEXOL Type P and LSHF cable systems for offshore platforms and industrial settings.
- DSG-Canusa Heat-Shrink and Cold-Shrink Tubing DSG-Canusa produces integrated heat-shrink tubing, cold-applied products, and application equipment including polyolefin, fluoropolymer and elastomer tubing in various wall thicknesses. Products meet or exceed EN, LV, SAE, CSA, UL international standards and serve automotive, aerospace, nuclear, renewable energy, communications and utility customers globally.
- Flexpipe Spoolable Composite Linepipe Flexpipe manufactures spoolable, non-metallic reinforced thermoplastic composite linepipe with a 20+ year design life. Products serve oil and gas gathering, gas distribution, CO2 injection, water gathering, and enhanced oil recovery applications, delivering 30-40% capital cost savings versus steel linepipe and 50% installation crew reduction.
- Xerxes Fiberglass Storage Tanks and HydroChain Stormwater Management Xerxes delivers market-leading premium composite underground fiberglass storage tanks for fuel and water storage applications, serving retail fuel stations, convenience stores, hospitals, government centers, fire departments, transportation hubs and local greenhouses. The HydroChain stormwater management system offers treatment, filtration, storage and conveyance products.
- Thermotite Pipeline Coating Solutions Thermotite provides pipeline coating solutions for infrastructure protection, available as part of Mattr's contact-driven sales engagement.
- Mattr Digital Credential Issuance Platform Mattr's digital credential issuance platform enables government agencies to issue cryptographically verified digital credentials compliant with international standards. The platform supports mobile driver's licenses (mDLs) through a partnership with Daon and is designed to modernize identity sharing, reduce paperwork and improve cost efficiency in public sector credentialing.
Quantifiable outcome
- 30-40% capital cost savings compared to steel linepipe
- +4 more outcomes
Companies that use Mattr
Customer profileNamed customers14 records
Segments7 records
Ideal customer profiles5 records
Mattr technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Mattr partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and strategic.
- New Zealand Department of Internal AffairsflagshipNew Zealand government department managing Mattr's digital credential issuance platform to enable government agencies to issue secure digital credentials. First trial involves Ministry of Business, Innovation and Employment issuing digital credentials to company directors. Initiative aims to modernize identity sharing, reduce paperwork, and improve cost efficiency.
- DaonstrategicDaon and Mattr partnership to support mobile driver's licenses (mDLs) in Daon's biometric identity platform. The collaboration allows the issuance and verification of cryptographically verified digital credentials compliant with international standards, enhancing digital ID security and user control.
Scale indicators12 records
Recent moves10 records
Expansion highlights5 records
Mattr competitors and assessment
Company assessmentBroad incumbents
- Prysmian Group: World's largest wire and cable manufacturer with extensive product portfolio across energy, telecommunications, and infrastructure. Directly comparable as a broad incumbent in the same wire and cable market Mattr serves via Shawflex and AmerCable.
- Nexans: Global cable and connectivity solutions provider serving power, data, and telecom markets. Comparable as a broad incumbent in wire and cable with overlapping customer base in energy infrastructure and industrial applications.
Direct peers
- Atkore: Manufacturer of electrical raceway products, cable, and infrastructure solutions serving construction, industrial, and energy markets. Directly comparable to Mattr's Shawflex and AmerCable businesses in electrical infrastructure.
- TE Connectivity: Global leader in connectivity and sensor solutions, including Raychem heat-shrink tubing products for industrial and energy applications. Direct competitor to Mattr's DSG-Canusa heat-shrink tubing business.
- Trelleborg Group: Engineered polymer solutions provider serving offshore oil & gas, infrastructure, and industrial markets. Comparable to Mattr's Flexpipe composite linepipe and engineered polymer products in similar end markets.
- Southwire Company: North American leader in wire and cable manufacturing serving utility, construction, and industrial markets. Direct peer to AmerCable and Shawflex with overlapping customer base in North American infrastructure.
- Strongwell Corporation: Manufacturer of fiberglass reinforced polymer (FRP) products for construction, infrastructure, and industrial applications. Comparable to Mattr's Xerxes fiberglass tanks and composite material expertise.
- nVent Electric: Provider of electrical connection and protection solutions, including heat-shrink products inherited from 3M. Direct competitor to DSG-Canusa in heat-shrink tubing for industrial and infrastructure applications.
- Encore Wire Corporation: U.S. manufacturer of copper and aluminum wire and cable products for residential, commercial, and industrial markets. Comparable to Mattr's Shawflex and AmerCable in wire and cable manufacturing.
- CST Industries: Manufacturer of storage tanks and covers including Containment Solutions fiberglass underground tanks for fuel and water. Direct competitor to Xerxes in fiberglass storage tank market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Mattr social profiles
Digital presenceMattr compliance and trust
Trust signalCompliance1 record
Mattr financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mattr leadership team
Management profileNumber of profiles
Profiles7 records
Mattr subsidiaries and ownership
Company hierarchySubsidiaries5 records
Mattr funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mattr M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mattr
What does Mattr do?
Mattr manufactures and sells advanced engineered materials and physical infrastructure products through six brand divisions: Shawflex and AmerCable (engineered wire, cable and assemblies), DSG-Canusa (heat-shrink and cold-shrink tubing), Flexpipe (spoolable composite linepipe), Xerxes (fiberglass underground storage tanks and HydroChain stormwater management systems), and Thermotite (pipeline coatings). Products are sold primarily to industrial and infrastructure customers in oil and gas, mining, utilities, automotive and municipal markets across North America, Australia and other international geographies.
Is Mattr a public or private company?
Mattr is a public company. It is classified as public and is currently operating.
When was Mattr founded?
Mattr was founded in 2023. It employs 1,001 to 5,000 people.
Where is Mattr based?
Mattr is headquartered in Toronto, Canada, in the North America region.
How does Mattr make money?
Three revenue lines are on record. Product Sales (Composite Technologies) is the primary driver. The others are product Sales (Connection Technologies) and acquisition-Driven Growth.
Who are Mattr's main competitors?
Broad incumbents on record are Prysmian Group and Nexans. Direct peers are Atkore, TE Connectivity, Trelleborg Group, Southwire Company, Strongwell Corporation, nVent Electric, Encore Wire Corporation and CST Industries.
Does Mattr have an API?
No public API is recorded for Mattr.
What industry is Mattr in?
Mattr's product category is Advanced Industrial Materials Manufacturing. Its primary akta.pro industry code is IMALABAF, Shrink, Stretch & Wrap Films (Pallet Wrap, Shrink Sleeves/Overwrap), with a secondary code of IMALAAAG, Industrial & Chemical Rigid Plastic Packaging (Drums, Pails, Jerrycans). Its NAICS code is 32612 and its SIC code is 2820.