NWPX Infrastructure, Inc. (NASDAQ: NWPX)

NWPX Infrastructure, Inc. is a leading manufacturer of water related infrastructure products operating in two segments Water Transmission Systems and Precast Infrastructure and Engineered Systems. The company produces steel casing pipe bar wrapped concrete cylinder pipe and pipeline system joints and fittings as well as reinforced precast concrete products pump lift stations wastewater pretreatment and stormwater quality products. Headquartered in Vancouver Washington NWPX Infrastructure, Inc. operates 13 manufacturing facilities across North America including sites in Oregon California West Virginia Texas Missouri Mexico and Utah. The firm's broad product portfolio enables it to address a wide range of water transmission stormwater and sanitary sewer needs.

NWPX Infrastructure, Inc. generates revenue primarily from the sale of its water transmission steel pipe products and precast concrete solutions to installation contractors who incorporate these products into bids for public water agencies private water companies and developers. The company's steel pipe serves large diameter high pressure applications such as drinking water mains hydroelectric penstocks and industrial plant piping while its precast concrete products serve stormwater drainage sanitary sewer systems and wastewater treatment facilities. Revenue is driven by spending on urban growth new water infrastructure and the replacement repair and upgrade of aging systems. Additionally the company benefits from government funding programs such as the Water Infrastructure Finance and Innovation Act and state revolving loan funds that support municipal water projects.

The company operates through the following segments: Water Transmission Systems and Precast Infrastructure and Engineered Systems. These segments are defined by product lines and end markets rather than geography.

• Water Transmission Systems: This segment manufactures large diameter high pressure steel pipeline systems including spiral welded pipe rolled and welded pipe and Permalok® joint systems for use in drinking water transmission hydroelectric power wastewater seismic resiliency and industrial plant piping applications across facilities located in Oregon California West Virginia Texas Missouri and Mexico.

• Precast Infrastructure and Engineered Systems: This segment manufactures stormwater and wastewater technology products such as reinforced concrete pipe manholes box culverts vaults catch basins pump lift stations oil water separators biofiltration units and lined precast structures for use in municipal residential commercial and industrial projects across facilities located in Texas Utah and Colorado.

NWPX Infrastructure, Inc. holds a leading position as the largest manufacturer of engineered water transmission systems in North America and competes with West Coast Pipe in the western United States and southwestern Canada with Thompson Pipe Group American SpiralWeld Pipe and Mid America Pipe Fabricating & Supply LLC east of the Rocky Mountains and with Oldcastle Infrastructure Harper Precast Concrete Company in Utah and Oldcastle Infrastructure and AmeriTex Pipe & Products LLC in Texas. The company's competitive advantages include its broad manufacturing footprint its proprietary Permalok® joint technology its InfraShield® seismic joint system and its ability to deliver engineered system solutions that reduce field installation time and improve quality control.

The company serves installation contractors that work on projects funded by federal state and municipal agencies privately owned water companies and developers throughout the United States and in select international markets. Its customer base includes large engineering firms municipal utilities and private developers who rely on NWPX Infrastructure, Inc. for reliable delivery of water transmission steel pipe and precast concrete products.