SOURCE: Northwest Pipe Company

September 21, 2006 05:00 ET

Northwest Pipe Company Announces $27M Order

PORTLAND, OR -- (MARKET WIRE) -- September 21, 2006 -- Northwest Pipe Company (NASDAQ: NWPX) reported today that it has been selected to furnish approximately $27 million of large diameter pipe for the Seymour Capilano tunnel project near Vancouver, British Columbia.

Northwest Pipe will supply approximately 16,000 feet of 120-inch diameter steel pipe directly to the Greater Vancouver Regional District. The pipe is expected to be manufactured in the Company's Adelanto, California and Portland, Oregon divisions with delivery scheduled to begin in the first quarter of 2008.

Northwest Pipe Company manufactures welded steel pipe in three business segments. Its Water Transmission Group is a leading supplier of large diameter, high-pressure steel pipe products that are used primarily for water transmission in the United States and Canada. Its Tubular Products Group manufactures smaller diameter steel pipe for a wide range of construction, agricultural, energy, industrial and mechanical applications. Its Fabricated Products Group manufactures propane tanks and other fabricated products. The Company is headquartered in Portland, Oregon and has nine manufacturing facilities across the United States and Mexico.

This release contains forward-looking statements, including but not limited to those regarding the project described above. These statements reflect management's current views and estimates of market circumstances, industry conditions and company performance. Actual results could vary materially from the description contained herein due to many factors, including market demand, operating efficiencies, availability and price of raw materials, and other risks described from time to time in the company's reports to the Securities and Exchange Commission.

Contact Information

  • For more information, contact:

    Brian Dunham