Market Overview & Strategy - Northwest Pipe Company operates in a total addressable market of $450 - $600 million for steel pressure pipe and concrete pipe & precast[3] - The company's growth strategy involves maximizing the steel pressure pipe water transmission business through cost reduction and margin focus[11] - A product spread strategy is underway, with approximately $65 million in orders booked outside of Texas in 2022[12] Financial Performance & Backlog - The company achieved a record SPP (Engineered Steel Pressure Pipe) backlog of $372 million[44] - The Precast Infrastructure and Engineered Systems segment has a strong order book of $64 million[44] - ParkUSA acquisition was completed on October 5, 2021, for $902 million[35] Growth Drivers & Opportunities - The Infrastructure Investment and Jobs Act adds $55 billion in federal funding for water infrastructure projects over the next five years[48] - The company aims to develop resilient water systems, saving trillions of gallons of water per year[8] - The company is targeting transformational growth and profitability to drive shareholder value[21]
Northwest Pipe Company (NWPX) Investor Presentation - Slideshow