PW Eagle of Minneapolis has acquired all of the stock of Uponor ETI Co., a subsidiary of Uponor Oyj, a Finnish company. Uponor ETI's name will be changed to Extrusion Technologies, Inc. (ETI), and operated as a wholly-owned subsidiary of PW Eagle.
ETI produces approximately 200 million pounds annually of PVC pipe ranging from 4-36 inch diameter for municipal applications. ETI had 2002 sales of $89 million and net income of $7.4 million.