21
Jul
01:00
Northwest Pipe to exit energy tubular business
Northwest Pipe Co is exploring the sale of its energy tubular products business. This includes its ERW line, structural, and standard pipe production in Atchison, Kansas, USA. In the first quarter of 2015, sales of $28.6 million and tons sold of 28,300 were down -27% compared to Q1 2014.
President and ceo Scott Montross says the sale reflects the company’s long-term desire to focus on its water transmission business. Northwest will sharpen its focus on…
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