SOURCE: Northwest Pipe Company

August 01, 2006 02:00 ET

Northwest Pipe Company Receives $13M Order for Nevada Pipeline

PORTLAND, OR -- (MARKET WIRE) -- August 1, 2006 -- Northwest Pipe Company (NASDAQ: NWPX) reported today that it received an order to supply over 150,000 feet of 30-inch water transmission pipe to Contri Construction of Las Vegas, Nevada for Vidler Water Company, a privately held company based in Carson City, Nevada. The company is a leading private-sector water resource provider whose goal is to develop permanent and reliable water supplies for the arid southwestern United States.

The more than $13 million pipe order will be used for the Fish Springs Ranch Water Project pipeline. Fish Springs Ranch is part of a larger system under development to supply industrial and municipal water for areas north of Reno. This project will help bring a more diversified water resource system to the region. Northwest Pipe Company's Adelanto, California division is scheduled to begin manufacture of the pipe in the third 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
    503-946-1200