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Blackline Safety Corp(BLN-T)

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Stocks in play: Blackline Safety Corp

Baystreet - Wed May 31, 2023

Announced it has expanded its manufacturing capacity at its Calgary, AB headquarters. The expansion which is poised to increase Blackline’s production capacity by 30 to 50% was achieved by repurposing the company’s existing space. The announcement comes on the heels of a milestone year which saw the company’s global customer base climb to 1,800, with 150,000 workers protected by the company’s game-changing safety wearables across North America. Over the last year, global demand for Blackline’s real-time connected safety technology grew an average of 30%, while product rentals rose 214% and the company’s cartridge line saw 165% growth. Blackline Safety Corp shares T.BLN are trading up $0.16 at $2.78.

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