Northwest Pipe Co. announced today it will acquire the operating assets of Utah-based pipe manufacturer Continental Pipe Manufacturing Company.
Terms of the deal were not disclosed.
Continental Pipe, based in Pleasant Grove, Utah, produces spiral welded steel pressure pipe for use in water transmission pipelines, primarily selling to customers in Utah and the surrounding mountain states.
"The Continental acquisition is a great fit for our Water Transmission business," said Brian W. Dunham, Northwest Pipe Company's CEO. "It continues our strategy of geographic expansion by acquisition and adds manufacturing capacity to an area that we expect will see significant growth in the years ahead."
Portland, Oregon-based Northwest Pipe Company has 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.