Northwest Pipe announces $19M order

June 3, 2008
Northwest Pipe Company has received a letter of intent from Don Kelley Construction Inc. to supply pipe for the Lewis & Clark Regional Water System. The Company will supply approximately 57,000 feet of 54" steel pipe valued at approximately $19 million for an engineered and custom fabricated piping system. The pipe is expected to be manufactured in the Company's Saginaw, Texas division with delivery scheduled to begin in the third quarter of 2008...

VANCOUVER, WA, June 2, 2008 -- Northwest Pipe Company has received a letter of intent from Don Kelley Construction Inc. to supply pipe for the Lewis & Clark Regional Water System.

The Company will supply approximately 57,000 feet of 54" steel pipe valued at approximately $19 million for an engineered and custom fabricated piping system. The pipe is expected to be manufactured in the Company's Saginaw, Texas division with delivery scheduled to begin in the third quarter of 2008.

The Lewis and Clark Rural Water System developed a groundwater supply adjacent to the Missouri River and a water treatment facility in southeast South Dakota near Vermillion. Treated water will be piped to member municipalities and rural water systems. When complete, the project will provide safe, reliable drinking water to approximately 200,000 people in South Dakota, Minnesota, and Iowa. The Lewis and Clark Rural Water System represents a unique regional approach by the three states to address common problems with area water resources in a more effective and cost-efficient way than each state could do alone. This supplemental water supply will allow the Water Service Area to maintain the existing quality of life and will sustain the present rate of growth in the Water Service Area.

Northwest Pipe Company manufactures welded steel pipe and other products in two business groups, Water Transmission and Tubular Products.

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