NW Pipe Reports Record Year
Northwest Pipe Co. reported the highest annual sales and earnings in its history. Sales for the year ended Dec. 31, 2007 were $382.8 million compared to $346.6 million in 2006. Net income was $20.8 million, compared to $20.0 million in 2006. The 2006 results included a non-recurring gain on sale of approximately $7.7 million.