Northwest Pipe announces $22M order in Colorado
VANCOUVER, WA, April 30, 2008 -- Northwest Pipe Company reported that it has received a verbal commitment from Reynolds-Tierdale of Denver, Colorado to supply pipe for the Prairie Waters Project for the City of Aurora, Colorado.
The Company will supply approximately 68,000 feet of 60" steel pipe valued at approximately $22 million for an engineered and custom fabricated piping system. The pipe is expected to be manufactured in the Company's Denver, Colorado division with delivery scheduled to begin in the third quarter of 2008.
The Prairie Waters Project is designed to provide a reliable supply of high quality water to the City of Aurora by drawing water from the South Platte River through collector wells. It will be delivered to nearby natural purification basins where its movement through sand and gravel will take it through a natural cleansing process. The water will then be piped 38 miles south to the Aurora Reservoir where it will be treated at a new water purification facility. It is anticipated to deliver up to 10,000 acre feet of water by 2010 and up to 15,000 acre feet by 2012. The Prairie Waters Project is projected to provide enough additional water to meet the city's demands into the 2020s.
Northwest Pipe Company manufactures welded steel pipe and other products in three business segments.
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