Infra Pipe Solutions Ltd Announces Appointment of Jimmy R. Herring as Chief Executive Officer
MISSISSAUGA, Ontario — Infra Pipe Solutions Ltd., one of North America's largest producers of High-Density Polyethylene (HDPE) pipe and conduit, today announced the appointment of its new Chief Executive Officer, Jimmy R. Herring. Herring replaces outgoing CEO Bill Donaldson.
Article content
Article content
'Jimmy's deep-rooted executive leadership and operational expertise, combined with his superior track record of execution, make him the ideal CEO to lead Infra Pipe into our next era of growth,' said Greg Powell, Chairman of the Board of Infra Pipe. 'His disciplined approach to strategy, business development, and talent management will position the company to deliver long-term value benefitting customers, employees, and shareholders. This appointment marks an exciting new chapter in our company's story, and I look forward to partnering with Jimmy as he leads us along the path to a promising future.'
Article content
'We want to thank Bill for his many contributions that have helped Infra Pipe become the prominent company it is today,' Powell continued.
Article content
Infra Pipe recently announced the acquisition of its sixth manufacturing facility in Jacksonville, Florida – the largest in its network of sites across Canada and the United States, and the only solid-wall HDPE facility in Florida.
Article content
Given the increased demand and requirements for modernization of the waterworks infrastructure across North America, Infra Pipe is positioned well to increase its share of this growing market. Herring's extensive operational experience, ability to navigate complex global manufacturing and production environments, and sound financial expertise are pivotal leadership qualities as the company accelerates its growth journey.
Article content
In November 2024, funds managed by affiliates of Fortress Investment Group acquired Infra Pipe with the intent to expand its geographic footprint and product offering while delivering exceptional value to existing and new customers.
Article content
Herring's career has spanned numerous global operations and manufacturing leadership roles at Fortune 100, entrepreneurial/start-up, and private equity-backed companies.
Article content
'I am incredibly excited to join Infra Pipe Solutions and help guide the company into its next phase of growth and innovation,' said Herring. 'The demand for our products is only increasing as public and private sectors invest in infrastructure for projects to replace aging structures, meet the demands from construction related to population growth, address emerging water quality issues and more. My vision is to boost our manufacturing capabilities and broaden our suite of products to better serve our clients. I am confident that by leveraging our strengths, including our great team, and embracing new opportunities, we will build upon our market leadership position to become the leading supplier of HDPE pipe and structures in North America.'
Article content
About Infra Pipe Solutions
Article content
Infra Pipe is a mixed-model manufacturer of High-Density Polyethylene (HDPE) pipe with locations across North America, operating within the waterworks, natural gas distribution, storm drainage, mining and telecommunications marketplaces. The company operates four US manufacturing facilities (Rockaway, NJ, Greeneville, TN, Pryor, OK, and Jacksonville, FL) and two Canadian manufacturing facilities (Huntsville, ON, and Saskatoon, SK) – a market-leading geographic footprint across North America. The company is backed by Fortress Investment Group.
Article content
Infra Pipe offers its Sclairpipe®, EndoPure and Endopoly products for pressure applications in sizes from 0.5' to 63″ internal diameter; its Weholite® structural profile wall pipe for gravity-fed and low-pressure applications in custom sizes up to 132' internal diameter; its medium- and high-density gas distribution pipe in industry standard sizes; and its conduit products in industry standard configurations of color and pull tape combinations.
Article content
Article content
Article content
Article content
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
an hour ago
- Globe and Mail
Gold Could See Higher Highs with a September Interest Rate Cut on the Table
Distributed on behalf of Equinox Gold Corp. With a September interest rate cut on the table, gold prices could push aggressively higher, positively impacting gold and related stocks, like Equinox Gold Corp. (NYSE: EQX) (TSX: EQX), Newmont Corporation (NYSE: NEM) (TSX: NGT), Barrick Mining (NYSE: B) (TSX: ABX), Franco-Nevada Corp. (NYSE: FNV), and B2Gold Corp. (NYSE AMERICAN: BTG) (TSX: BTO). In fact, with consumer price index (CPI) and producer price index (PPI) data now out, there's an 88.5% chance we'll see a cut, as noted by CME Group's FedWatch. In fact, you can see the odds of a rate cut here. U.S. Treasury Secretary Scott Bessent also believes the Federal Reserve will cut interest rates by half a point at its September meeting. As he told Bloomberg, 'I think we could go into a series of rate cuts here, starting with a 50-basis point rate cut in September. If you look at any model [it suggests that] we should probably be 150, 175 basis points lower.' Fueling more upside are geopolitical and economic uncertainties, growing central bank demand, and a weaker U.S. dollar. Plus, analysts at Fidelity say the safe haven metal could soar to $4,000 by the end of next year. Goldman Sachs and Bank of America are also calling for $4,000 gold by 2026. Again, that should have a positive impact on gold and related stocks, such as: Equinox Gold Corp. (NYSE: EQX) (TSX: EQX), Which Just Delivered Strong Earnings Equinox Gold Corp. is now poised for m ajor inflection in the third quarter, including its Calibre Asset production, Canadian Greenstone Gold Mine ramp-up and Valentine Gold Mine startup. With regards to its most recent quarter, Darren Hall, CEO of Equinox Gold, commented: "Equinox Gold is entering a pivotal growth phase. Q2 delivered solid results, led by Greenstone, where mining rates increased 23% and processing rates improved 20% over Q1. Building on that momentum, Q3 is off to a strong start, with quarter-to-date ex-pit mining volumes 10% higher than Q2 and process plant throughput averaging 24.5 kptd over the last 30 days, including more than one-third of the days above nameplate capacity of 27 ktpd. This sets the stage for our true inflection point in Q3, driven by a full-quarter contribution from the Calibre assets, first ore processed at Valentine, and continued improvement at Greenstone.' "If the Calibre transaction had been effective from January 1, 2025, our pro-forma consolidated revenue for the first half would have been approximately $1.33 billion, highlighting the enhanced scale and earnings power of the combined company. We expect a strong second half of the year, with production on track to meet our full-year consolidated guidance of 785,000 to 915,000 ounces and anticipate continued growth in both production and cash flow into 2026. Our focus is clear as we grow into a top-tier producer - operational excellence, disciplined capital allocation, and deliver on our commitments to drive debt reduction, optimize our balance sheet, and maximize returns for shareholders." HIGHLIGHTS FOR Q2 2025 AND SUBSEQUENT EVENTS - On June 17, 2025, Equinox Gold closed its acquisition of Calibre Mining Corp. - Produced 219,122 ounces of gold, including full period contributions of 72,823 oz of gold from the Nicaragua operations and Pan Mine, excluding 1,975 oz from Castle Mountain and 1,495 oz from Los Filos - Total cash costs of $1,478 per oz and all-in sustaining costs of $1,959 per oz - Cash flow from operations before changes in non-cash working capital of $126.0 million ($132.9 million after changes in non-cash working capital) - Mine-site free cash flow before changes in non-cash working capital of $154.5 million ($178.4 million after changes in non-cash working capital) - Adjusted EBITDA of $200.5 million - Income from mine operations of $159.8 million - Net income of $23.8 million or $0.05 per share (basic) - Adjusted net income of $56.7 million or $0.11 per share - Sustaining expenditures of $71.1 million and non-sustaining expenditures of $42.3 million - Cash and equivalents (unrestricted) of $406.7 million at June 30, 2025 - Net debt of $1,373.7 million at June 30, 2025 - The Castle Mountain Mine was designated as a FAST-41 Project by the United States Federal Permitting Improvement Steering Council. According to the FAST-41 project dashboard as of August 8, 2025, the federal permitting process is expected to be completed in December 2026 (see link) - Announced agreement to sell non-core Nevada assets for US$115 million (see link) - Valentine Gold Mine enters the final stages of commissioning with ore processing expected to commence before the end of August 2025, followed by the first gold pour approximately one month later - On June 30, 2025, Equinox Gold ratified the new long-term land access agreements with Mezcala and Xochipala, two of the three communities near the Los Filos Mine. These agreements enable a new mine development project, starting with an exploration program in Q3 2025 and followed by engineering studies to evaluate alternative locations for the carbon-in-leach plant needed for a potential expansion. - Senior leadership transition: Darren Hall was appointed Chief Executive Officer and Director on July 22, 2025. - Nicaragua exploration results: Reported new high-grade resource expansion drill results, including: 36.77 g/t gold over 6.9 metres, 8.55 g/t gold over 14.6 metres, 10.19 g/t gold over 6.0 metres Other related developments from around the markets include: Newmont announced second quarter 2025 results, an additional $3.0 billion share repurchase program and declared a dividend of $0.25 per share. "Newmont delivered a strong second quarter, producing approximately 1.5 million attributable gold ounces and generating an all-time record quarterly free cash flow of $1.7 billion, underscoring the strength of our world-class portfolio and the disciplined execution of the commitments we shared at the beginning of the year," said Tom Palmer, Newmont's Chief Executive Officer. "We remain firmly on track to achieve our 2025 guidance as we continue to strengthen our safety culture, stabilize our operations and deliver long term value to shareholders." Five years after its formation, the Twiga partnership between Barrick Mining Corporation and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country's future. 'When we established Twiga, it was about more than just resolving legacy issues. It was about building a new future by unlocking Tanzania's gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders. Five years on, we've not only re-established Barrick as the sector's leading economic contributor but have also earned national recognition across a range of areas from safety and local content to education and infrastructure,' Barrick president and chief executive Mark Bristow said. Franco-Nevada Corp. CEO Paul Brink just noted, 'I am very pleased with our record financial results this quarter,' stated Paul Brink, CEO. Our portfolio largely produced as expected for the quarter and higher gold prices contributed to record revenue, operating cash flow, Adjusted EBITDA margins and earnings. We also saw constructive developments in Panama, including the shipment of the remaining copper concentrate from Cobre Panama. During the quarter, we acquired a royalty on IAMGOLD's Co^te´ Gold Mine, one of Canada's newest large-scale gold mines and, post quarter-end, a royalty on AngloGold's Arthur Project, one of the largest gold discoveries in Nevada. We anticipate new contributions from Co^te´ and growing contributions from Porcupine and Tocantinzinho to be the main drivers for higher GEOs in the second half of the year. Our acquisitions over the last 18 months have positioned us for strong long-term growth that may be further enhanced by a potential restart at Cobre Panama.' B2Gold Corp. announced its operational and financial results for the second quarter of 2025. Consolidated gold production in the second quarter of 2025, including pre-commercial production from the Goose Mine, was 229,454 ounces, higher than expected. The Fekola, Masbate and Otjikoto mines all exceeded expected production in the second quarter, and the Company remains on track to meet its consolidated annual production guidance range. All three operations continue to meet or exceed gold production expectations to start the third quarter of 2025. Consolidated cash operating costs, excluding pre-commercial production from the Goose Mine, were $745 per gold ounce produced ($762 per gold ounce sold) during the second quarter of 2025. Cash operating costs per ounce produced for the second quarter of 2025 were better than expected as a result of lower than expected fuel costs and higher than expected gold production. On August 7, 2025, B2Gold's Board of Directors declared a cash dividend for the third quarter of 2025 of $0.02 per common share (or an expected $0.08 per share on an annualized basis), payable on September 23, 2025, to shareholders of record as of September 10, 2025. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Equinox Gold Corp. by Equinox Gold Corp. We own ZERO shares of Equinox Gold Corp. Please click here for disclaimer. Contact:

National Post
5 hours ago
- National Post
CUPE: Former Air Canada Counsel to Decide Whether to End CUPE-Air Canada Dispute in Clear Conflict-of-interest
Article content TORONTO — In an almost unthinkable display of conflict-of-interest, a former Air Canada legal counsel, Maryse Tremblay, will rule on whether to end job action by striking Air Canada flight attendants at the Canada Industrial Relations Board. Article content CUPE requested Tremblay recuse herself from chairing the proceedings. Despite CUPE's request, Tremblay will hear the case. Article content Article content Tremblay, who spent her career advocating for the interests of Air Canada, was appointed to chair the CIRB by the Carney government. Article content It is increasingly difficult to escape the appearance of collusion between Air Canada and the Liberal government throughout this process. Article content Article content Article content Article content Article content Contacts Article content


CTV News
6 hours ago
- CTV News
Expert says Air Canada's cargo shipments are ‘crucial' to Canada's economy
Watch Canadian Chamber of Commerce Matthew Holmes explains how the Jobs Minister's decision to end the flight attendant strike is crucial to protect Canada's economy.