MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Northwest Pipe Posts Q2 Results

Northwest Pipe Co. (Nasdaq:NWPX), Vancouver, WA, reported second-quarter sales of $28.8 million, up 0.3% compared to the second quarter of 2017, and down nearly 14% from the previous quarter. The manufacturer of engineered welded steel pipeline systems reported a loss of $5.7 million for the quarter, compared with a loss of $1.4 million in the year-ago period.

Northwest Pipe said it expects a stronger second half of the year. The company recently announced its acquisition of Ameron Water Transmission Group, which is part of a multi-year transformation to grow the business into a pure-play water company.

“...We expect this acquisition to result in significant administrative and operational cost synergies, an expansion to our product offering and an enhanced ability to meet customer needs in a market that is expected to grow over the next few years,” said Scott Montross, president and CEO.

 

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center