05:19:37 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



DIRTT Environmental Solutions Ltd
Symbol DRT
Shares Issued 104,445,947
Close 2024-01-03 C$ 0.53
Market Cap C$ 55,356,352
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DIRTT, SourceBlue partner for construction procurement

2024-01-04 10:58 ET - News Release

Mr. Benjamin Urban reports

DIRTT AND SOURCEBLUE ANNOUNCE STRATEGIC ALLIANCE TO TRANSFORM THE INTERIOR CONSTRUCTION PROCUREMENT PROCESS

DIRTT Environmental Solutions Ltd. and SourceBlue, a division of Turner Construction, have entered into a strategic alliance.

Known for creating flexible and agile procurement methods, SourceBlue has a vision to transform the supply chain management process in response to construction projects becoming increasingly complex and demanding. Through its established relationships with leading international manufacturers, SourceBlue will offer DIRTT clients and construction partners a single point of contact for all of their supply chain planning and procurement requirements. Through this alliance, both DIRTT and SourceBlue, alongside parent company Turner Construction, will gain access to new markets while offering a more comprehensive solution to clients.

Benjamin Urban, chief executive officer of DIRTT, commented: "Our partnership with SourceBlue aims to address the pain points and challenges faced by the construction industry during the interior procurement process. This alliance will enable DIRTT and our construction partners to efficiently source and procure construction materials while opening up new sales channels for both parties."

Nathan Goldman, platform manager at SourceBlue, commented: "By adding DIRTT to our preferred partner ecosystem, it will greatly enhance our ability to improve the construction experience for everyone involved, while growing our global footprint. DIRTT offers specific solutions that will allow our clients optionality and increased productivity."

By combining DIRTT's innovative interior solutions with SourceBlue's best-in-class procurement services, this partnership will enable construction professionals to optimize their workflows, streamline communication, and achieve greater cost and time savings.

About DIRTT Environmental Solutions Ltd.

DIRTT is a leader in industrialized construction. DIRTT's system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, health care, education and public sector markets, DIRTT's system provides total design freedom, and greater certainty in cost, schedule and outcomes. DIRTT's interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their spaces as their needs evolve. Headquartered in Calgary, Alta., Canada, DIRTT trades on the Toronto Stock Exchange under the symbol DRT.

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