Northwest Pipe Company Acquires Traffic Sign Post Manufacturer
December 13 2007 - 5:00PM
Marketwired
PORTLAND, OR announced today the acquisition of substantially
all the operating assets of S Square Tube Products relating to
their perforated square tubing business. S Square is located in
Commerce City, Colorado.
S Square Tube Products manufactures a variety of products used
in the traffic industry. Their primary product is square perforated
tubing which is commonly used as a traffic sign post.
"The S Square acquisition demonstrates our continued commitment
to our traffic products business," said Brian W. Dunham, Northwest
Pipe Company's CEO. "It continues our strategy of strengthening
successful product lines. We believe the traffic products industry
presents attractive growth opportunities for our Tubular Products
business."
Northwest Pipe Company manufactures welded steel pipe and other
products in three business segments. Its Water Transmission Group
is a leading supplier of large diameter, high-pressure steel pipe
products that are used primarily for water infrastructure in North
America. Its Tubular Products Group manufactures smaller diameter
steel pipe for a wide range of construction, agricultural, energy,
industrial and mechanical applications. Its Fabricated Products
Group manufactures propane tanks and other fabricated products. The
Company is headquartered in Portland, Oregon and has ten
manufacturing facilities across the United States and Mexico.
This release contains forward-looking statements, including but
not limited to those regarding the project described above. These
statements reflect management's current views and estimates of
market circumstances, industry conditions and Company performance.
Actual results could vary materially from the description contained
herein due to many factors including market demand, operating
efficiencies, availability and price of raw materials, and other
risks described from time to time in the Company's reports to the
Securities and Exchange Commission.
For more information, contact: Brian Dunham 503-946-1200
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