Northwest Pipe Company Announces Major Order.PORTLAND, Ore. -- Northwest Pipe Company (Nasdaq:NWPX) reported today that it has been awarded a contract to manufacture and furnish approximately $23 million of welded steel pipe to East Cherry Creek Cherry Creek may refer to:
River, Colorado and western Nebraska, U.S. The river rises in central Colorado and flows southeast and then northeast across the Nebraska boundary to join the North Platte River and form the Platte River. The South Platte is 442 mi (711 km) long. in 2006. Northwest Pipe will supply approximately 164,000 feet of 48-inch-diameter steel pipe. The pipe is expected to be manufactured in Denver, Colorado, beginning in the second quarter of 2005 with completion before the end of the year. Northwest Pipe Company manufactures welded steel pipe in two business segments. Its Water Transmission Group is a leading supplier of large-diameter, high-pressure, steel pipe products used primarily for water transmission in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Its Tubular Products Group manufactures smaller-diameter steel pipe for a wide range of construction, agricultural, industrial and mechanical applications. The Company is headquartered in Portland, Oregon, and operates eleven manufacturing facilities in the United States and Mexico. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , 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. |
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