Northwest Pipe Company rebrands as NWPX Infrastructure

VANCOUVER, Wash. - Northwest Pipe Company (NASDAQ:NWPX), a $387.5 million market cap infrastructure company with annual revenues of $495.4 million, announced Thursday it has changed its corporate name to NWPX Infrastructure, Inc. while maintaining its existing Nasdaq ticker symbol.

The company, which manufactures water-related infrastructure products, said the rebrand reflects its expanded capabilities in precast and engineered systems and its broader product offerings.

"Our transition to NWPX Infrastructure represents much more than a name change," said Scott Montross, President and Chief Executive Officer. "It reflects who we are today—a forward-looking company addressing the nation’s most critical water infrastructure challenges."

The company will continue to operate its engineered steel pressure pipe plants under the Northwest Pipe Company brand. Its precast business lines will transition to NWPX Geneva and NWPX ParkUSA, respectively.

Founded in 1966, the company describes itself as North America’s largest manufacturer of engineered water transmission systems. It operates 13 manufacturing facilities across North America, producing steel casing pipe, bar-wrapped concrete cylinder pipe, and various precast concrete products.

The rebranding includes a new corporate logo and visual identity that will be implemented across all business operations, product lines, and digital platforms, according to the press release statement.

The Vancouver, Washington-based company said customers and partners can expect the same products and industry expertise under the new brand identity.

In other recent news, Northwest Pipe Company reported its first-quarter 2025 earnings, which revealed a mixed financial performance. The company missed earnings per share (EPS) expectations, posting $0.39 compared to the forecasted $0.48, but exceeded revenue projections with $116.1 million against the expected $113.5 million. DA Davidson adjusted its price target for Northwest Pipe Company to $55.00 from $57.00, while maintaining a Buy rating, attributing the change to "tariff noise" that affected the first half of the year. Despite these challenges, the firm emphasized the company’s solid demand and growth potential. The company reported an increase in Precast segment sales by 13.4% year-over-year, while the Steel Pressure Pipe segment saw a 2% decline in sales. Northwest Pipe Company is working towards a revenue potential of $100 million from each of its Precast subsidiaries beyond 2026 and is actively seeking strategic acquisitions to support this goal. The leadership team was praised for their strategic execution, including successful mergers and acquisitions, which have contributed to the company’s growth story. The company expects strong bidding activity in the upcoming quarters and projects similar revenues and margins to those of 2024 in the latter half of the year.

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