11:03 AM EST - Shawcor Ltd. : Will expand and enhance its Connection Technologies (formerly Automotive and Industrial) segment production capabilities in the US and Canada, with commitments for two new operating facilities which, in combination, will replace its existing Greater Toronto Area manufacturing site that was sold and leased-back in June 2022. Capital expenditures for these operating facilities are expected to represent, in the aggregate, approximately $35 million across 2023 and 2024. Shawcor Ltd.
shares T.MATR are trading up $0.16 at $18.54.