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03 Aug
18:27

Northwest sees better bidding, more competition in H2

Northwest Pipe Company expects overall business conditions to tick up in the second half of the year, though rising mill capability utilisation will reduce opportunities for expanding market share. Northwest posted a second quarter loss of $6.2 million on sales of $42.1m, Kallanish reports. In Q2 2015, the company lost $12.1m on sales of $53.8m. Northwest is in the process of paring down its tubular products business to focus on its water transmission sales. …
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