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Slide #38. Northwest Pipe Company — Permalok Corporation
Northwest Pipe Company (NASDAQ:NWPX)
Northwest Pipe Company (NASDAQ: NWPX) announced today that it has acquired Permalok Corporation, a fabricator of steel piping utilizing the Permalok patented interlocking pipe joining system.
Northwest Pipe is a manufacturer of engineered welded steel pipe water systems in North America. Co.'s solution-based products serve a range of markets including water transmission, plant piping, tunnels, and river crossings. Co. manufactures Permalok® steel casing pipe, which is a pipe joining system that employs a press-fit interlocking connection system. The Permalok® product is installed in trenchless construction projects. Additionally, Co. manufactures wet-cast reinforced concrete pipe typically used in non-pressure, gravity fed sewer and stormwater applications.
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Strong Buy (4.00 out of 4)