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 Digital Brochure 
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News & EventsPort Commission authorizes bond for Northwest Pipe facilityThe Caddo-Bossier Parishes Port Commission voted in favor of a resolution authorizing the issuance of Ten Million Dollars ($10,000,000) of Caddo-Bossier Parishes Port Commission Recovery Zone Facility Bonds for the purpose of acquiring and revitalizing Northwest Pipe's facility in Bossier City. The facility has been idle of four years. When fully operational, the 187,000 square-foot re-tooled facility is expected to create up to 120 jobs at an average annual salary of $39,000 plus benefits. According to Governor, Bobby Jindal, "They literally moved modern equipment down here from Oregon into this facility. What this shows is we can continue to outperform the national and Southern economics." Northwest Pipe, a Vancouver, Washington based company, has nine manufacturing facilities in the United States and one in Mexico. It trades its stock under the symbol NWPX. The company reported revenue of $439.74 million for its most recent fiscal year, according to its website. In 1998 when The Port was starting up its regular operations in terms of maritime activity, its first steel shipments of any regularity were for the former Northwest Pipe facility, P&H Tube. Later P&H Tube was sold to Southwestern Pipe of Houston and eventually Southwest was acquired by Northwest Pipe. It's good to be closing this circle and doing business with this important customer again. « Return to News |
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