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Northwest Pipe Company Announces $26M Projects

Thu. September 04, 2008; Posted: 09:00 PM
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VANCOUVER, WA, Sep 04, 2008 (MARKET WIRE via COMTEX) -- NWPX | Quote | Chart | News | PowerRating -- Northwest Pipe Company (NASDAQ: NWPX | Quote | Chart | News | PowerRating) is pleased to announce that we have been named as the pipe supplier for two major water pipeline projects. These two projects have a total contract value of $26 million.

The first contract is with S.J. Louis Construction of Mansfield, Texas. Northwest Pipe will supply approximately 11,200 feet of 96" pipe and engineered fittings for a Los Angeles Department of Water and Power project. This pipe will be manufactured at our Adelanto, California facility with delivery scheduled to begin in early 2009.

The second project, with Garney Construction of Kansas City, Missouri, is to furnish approximately 30,000 feet of 72" pipe and engineered fittings for the City of Aurora, Colorado. This pipe will be produced at our Denver, Colorado facility and will start delivery in the fourth quarter of 2008.

Northwest Pipe Company manufactures welded steel pipe and other products in two business groups. Its Water Transmission Group is the leading supplier of large diameter, high-pressure steel pipe products that are used primarily for water infrastructure in North America. Its Tubular Products Group manufactures smaller diameter steel pipe for a wide range of applications including construction, agricultural, energy, traffic and other commercial and industrial uses. The Company is headquartered in Vancouver, Washington and has ten 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.

For more information, contact: Brian Dunham 360-397-6250

SOURCE: Northwest Pipe Company

For full details on Northwest Pipe Co (NWPX) click here. Northwest Pipe Co (NWPX) has Short Term PowerRatings of 4. Details on Northwest Pipe Co (NWPX) Short Term PowerRatings is available at This Link.

    


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