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09 Nov
19:46

Northwest Pipe sees strong backlog continuing

Northwest Pipe expects upward movement in its backlog and margins to continue through the remainder of the year, leading to a strong start to 2022. The Vancouver, Washington-based company reported a backlog including confirmed orders of $273 million at the end of the third quarter, which was 17% higher than at the end of Q2 and 18% higher than at the end of Q3 2020. Northwest posted Q3 net income of $4.9m on sales of $84.6m. Income was down from $7.3m in Q3 2020 …
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