SOURCE: Northwest Pipe Company

July 06, 2006 05:00 ET

Northwest Pipe Company Announces $23M Order

PORTLAND, OR -- (MARKET WIRE) -- July 6, 2006 -- Northwest Pipe Company (NASDAQ: NWPX) reported today that it will supply approximately $23 million of welded steel pipe for the Eagle Mountain Connection Project. The project is for the Tarrant Regional Water District which serves customers in the North Central Texas area.

Northwest Pipe has received a verbal agreement from Garney Construction of Kansas City, Missouri to supply approximately 48,300 feet of 84-inch diameter steel pipe. The pipe is expected to be manufactured in the Company's Saginaw, Texas and Denver, Colorado divisions with delivery scheduled to begin in the fourth quarter of 2006.

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