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05 Mar
17:16

Northwest finishes 2019 in the black

US water pipeline producer Northwest Pipe finished 2019 with significantly raised on-year revenues and record gross profits, Kallanish reports.  Northwest earned $27.9 million in 2019 on sales of $279.3m - up 37.44% and 62.3%, respectively, from 2018.  Gross profit totalled $47.2m, the company’s highest since 2008 and 290.1% above 2018.  Northwest credits the July acquisition of Ameron Water Transmission Group for the gross profit boost. Nor…
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