Material Technologies puts their primary focus on the U.S. bridge market. The Federal Highway Administration stated that over 29% of the bridges in the U.S. are more then 50 years old with the need to be urgently inspected for fatigue and cracks. This information can be translated to approximately 100,000 bridges in the U.S. that require immediate attention.
Because of the major disasters that can result from cracks in bridges, the government has set aside funds for their repair. The company is poised to benefit from the eminent increase in overall spending.
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