Welcome to our dedicated page for Northwest Pipe Co news (Ticker: NWPX), a resource for investors and traders seeking the latest updates and insights on Northwest Pipe Co stock.
Overview
Northwest Pipe Co is a renowned manufacturer specializing in engineered steel pipe and precast infrastructure solutions, playing a critical role in North America’s water and wastewater sectors. Combining specialized manufacturing techniques with rigorous engineering standards, the company focuses on delivering robust products designed to meet complex water transmission and structural rehabilitation needs. Its product range includes large-diameter, high-pressure steel pipelines and complementary precast concrete systems, catering to diverse applications such as drinking water conveyance, stormwater management, and wastewater treatment.
Engineering Excellence and Technology
At its core, Northwest Pipe Co leverages advanced processes like double-submerged arc welding for both spirally wound and rolled cylinders, ensuring durability and reliability across installations. The company’s proprietary joint technologies, including the Permalok® system and the innovative InfraShield® Joint System, underline its commitment to addressing geohazard and structural challenges. By integrating specialty design techniques and precision manufacturing, it produces high-quality welded steel pipes and reliner systems tailored for complex applications in urban and rural water infrastructure projects.
Business Segments and Product Portfolio
The company operates through two primary segments:
- Engineered Steel Pressure Pipe Segment: Focuses on the manufacturing of heavy-duty, large-diameter steel pipeline systems engineered for high-pressure water transmission, serving as the backbone of municipal and utility water supply networks.
- Precast Infrastructure and Engineered Systems Segment: Develops precast and reinforced concrete products, along with innovative stormwater and wastewater technology, addressing the critical needs in both residential and non-residential construction markets.
This dual-segment approach allows Northwest Pipe Co to address a wide spectrum of infrastructure requirements, offering solution-based products that cater to key markets in the United States and Canada. The company’s longstanding experience in production excellence is evident in its diverse product lineup that emphasizes both engineered performance and structural integrity.
Market Position and Industry Impact
Northwest Pipe Co is strategically positioned within a highly specialized manufacturing industry. Its focus on engineered steel pipe and precast systems places it at the forefront of water infrastructure development. The company’s technical expertise and innovative manufacturing processes have earned it a strong reputation among municipalities, utilities, and construction firms, ensuring that crucial water conveyance and wastewater infrastructure projects are executed with optimal quality and reliability.
Commitment to Quality and Innovation
Emphasizing a culture of accountability, commitment, and teamwork, Northwest Pipe Co continuously fosters a spirit of innovation. Its in-house engineering team is dedicated to refining manufacturing techniques and developing new solutions that address evolving infrastructure challenges. By strictly adhering to high standards of quality control and operational excellence, the company has established itself as a trusted provider in the water infrastructure space. These values underpin its product development lifecycle, ensuring every solution is not only efficient but also resilient enough to meet long-term infrastructure demands.
Operational Excellence and Expertise
With multiple manufacturing facilities strategically located across North America, Northwest Pipe Co is adept at scaling production to meet regional market needs. Its operational framework supports a seamless integration of advanced engineering practices with real-world applications, ensuring consistency, reliability, and efficiency in every product delivered. This operational strength is a key factor that differentiates the company in a competitive landscape, demonstrating a balanced integration of technical expertise and practical execution.
Summary
Northwest Pipe Co’s robust portfolio, innovative manufacturing technology, and deep-rooted expertise in engineered systems have solidified its position as a critical player in water-related infrastructure. By combining innovation with strategic product segmentation and a commitment to quality, the company delivers sustainably engineered solutions designed to meet the long-term demands of water and wastewater infrastructure across North America.
Northwest Pipe Company (NASDAQ: NWPX), a leading manufacturer of water-related infrastructure, has scheduled the release of its first quarter 2025 financial results for Wednesday, April 30, 2025, after market close.
The company will host a conference call to discuss Q1 2025 results on Thursday, May 1, 2025, at 7:00 a.m. Pacific Time. President and CEO Scott Montross and CFO Aaron Wilkins will lead the discussion. The call will be available live on the Investor Relations section of www.nwpipe.com and archived afterward.
For those unable to attend live, a replay will be accessible until May 15, 2025, by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (international) with access code: 13753058.
Northwest Pipe Company (NWPX) has commenced full operations at its new precast pipe and manhole production facility in Salt Lake City, Utah. The 41,000-square-foot facility at Geneva Pipe and Precast features the Exact 2500, an advanced automated drycast concrete production system by Schlüsselbauer Technology.
The state-of-the-art facility integrates multiple automated systems including an MBK Cage Welding Machine, Advanced Concrete Technologies Batch Plant, and automated Transexact Crane. The Exact 2500 system enables rapid size transitions, requires fewer operators, and features modular form systems for quick changeovers.
This expansion follows previous installations of Schlüsselbauer systems at the company's Orem, Utah plant, including Perfect Base and Perfect Pipe equipment, strengthening NWPX's position in Utah's construction market.
Northwest Pipe Company (NASDAQ: NWPX), a manufacturer of water-related infrastructure products, has announced its participation in the upcoming Sidoti Virtual Small-Cap Investor Conference. President and CEO Scott Montross and CFO Aaron Wilkins will deliver a virtual presentation on March 19, 2025, at 4:00 p.m. ET.
The executives will engage in investor meetings throughout the day. The presentation will be available via live webcast on the company's Investor Relations website, with a replay accessible for 90 days following the event.
Northwest Pipe Company (Nasdaq: NWPX) has launched its Community Impact Program, a new initiative focused on philanthropic and community engagement activities. The program aims to support nonprofit organizations and foster strong local communities while aligning with the company's code of business conduct and ethics.
To kick off the initiative, Northwest Pipe has donated $25,000 to the Share Vancouver Backpack Program, which provides over 1,200 bags of non-perishable food weekly to low-income families in 90 schools across the Evergreen and Vancouver School Districts in Washington.
The company plans to expand the Community Impact Program across its 13 manufacturing plants in North America throughout 2025, enabling local teams to support charitable initiatives in their respective communities.
Northwest Pipe Company (NASDAQ: NWPX) reported strong financial results for Q4 and full year 2024. Q4 net sales increased 8.6% to $119.6 million, with net income of $1.00 per diluted share. The company achieved record annual performance with net sales of $492.5 million, up 10.8% year-over-year.
The Engineered Steel Pressure Pipe (SPP) segment posted record revenue of $337.9 million with gross profit of $62.6 million. The SPP backlog stands at $213 million, with confirmed orders reaching $310 million. The Precast segment achieved record revenue of $154.6 million with gross profit of $32.8 million.
Full-year net income reached $3.40 per diluted share, with strong operating cash flow of $55.1 million. The company maintains a solid financial position with $24.7 million in outstanding revolving loan borrowings and approximately $99 million in additional borrowing capacity.
Northwest Pipe Company (Nasdaq: NWPX) has received U.S. Patent No. 12215817 for its InfraShield® Joint System, an innovative Geohazard Resistant Steel Pipe solution. The system enhances steel pipeline resilience in geologically vulnerable areas without requiring gasketed joints.
The technology features a strain-based design incorporating a small projection in the steel pipe wall that absorbs deformation from differential settlement or seismic activity without over-stressing the lap-welded joint. This USA-manufactured system is specifically designed for C200 steel pipe, offering a fully welded, easy-to-install solution that provides leak-free reliability and cost savings.
InfraShield® is engineered to withstand challenging geological conditions, including seismic activity, landslides, and soil movement, making it particularly valuable for critical water infrastructure projects.
Northwest Pipe Company (NASDAQ: NWPX), a water-related infrastructure products manufacturer, will release its Q4 and full year 2024 financial results after market close on February 26, 2025. The company will host a conference call on February 27, 2025, at 7:00 a.m. Pacific Time, led by President and CEO Scott Montross and CFO Aaron Wilkins.
The call will be available live on the company's Investor Relations website and archived afterward. A replay will be accessible until March 13, 2025, via phone using the access code 13750954.
Northwest Pipe Company (NWPX) reported strong Q3 2024 results with net sales increasing 9.7% to $130.2 million. The company achieved record gross profit of $27.0 million, up 40% year-over-year, with a 20.8% margin. Net income reached $1.02 per diluted share. The Engineered Steel Pressure Pipe segment saw a 6.7% increase in sales to $85.9 million, while the Precast segment achieved record sales of $44.3 million, up 15.8%. The company maintains a strong backlog of $231 million for SPP and a $57 million order book for Precast, generating $22.7 million in operating cash flow during the quarter.
Northwest Pipe Company (NASDAQ: NWPX), a leading manufacturer of water-related infrastructure products, has announced its plan to release third quarter 2024 financial results on Wednesday, October 30, 2024, after market close. The company will host a conference call to discuss these results on Thursday, October 31, 2024, at 7:00 a.m. Pacific Time.
The call will be led by Scott Montross, President and CEO, and Aaron Wilkins, CFO. It will be broadcast live on the Investor Relations section of the company's website at www.nwpipe.com and archived online afterward. For those unable to attend the live call, a replay will be available until November 14, 2024, by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (international) with the replay access code: 13749246.
Northwest Pipe Company (NWPX) reported strong Q2 2024 financial results, with net sales increasing 11.3% year-over-year to $129.5 million. The company achieved record net sales of $89.5 million in its Engineered Steel Pressure Pipe (SPP) segment and record gross profit of $25.8 million, up 14.8% from the previous year. Net income was $0.86 per diluted share, and the company generated $22.3 million in net cash from operating activities.
The SPP segment's backlog stood at $282 million, with confirmed orders bringing it to $348 million. The Precast Infrastructure and Engineered Systems segment's order book was $62 million. Despite weather-related challenges in Texas, the company expects a stronger third quarter with improving revenue and gross margins in the Precast segment.