Northwest Pipe Company Acquires Permalok Corporation

Northwest Pipe Company (NASDAQ: NWPX) has acquired Permalok Corporation, a steel piping fabricator known for its patented interlocking pipe joining system. This acquisition enhances Northwest Pipe Company's product line by offering alternative joint solutions and strengthening its Water Transmission business with Permalok's rolled and welded steel pipe products. The move is expected to expand the company's presence in various segments such as structural pipe, industrial applications, and water transmission. Scott Montross, President and CEO of Northwest Pipe Company, highlights the potential of Permalok's product to provide cost-effective solutions and broaden market reach. Permalok will continue operations under the name Permalok Corp within Northwest Pipe Company. Northwest Pipe Company is a prominent manufacturer of welded steel pipe and tube products, serving diverse markets including water transmission, energy, construction, oil and gas industries. The company operates manufacturing facilities in the United States and Mexico.

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