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Atchison's NW Pipe locale sold

By Brian Hagen

12/28/2017

(KAIR)--A buyer has been found for the former Northwest Pipe Company operations in Atchison.

According to a press release issued Thursday by the Vancouver, Washington-based company, the remaining Energy Tubular Products assets have been sold to Almacenadora Afirme.

The facility was sold to the Mexican corporation for a total purchase price of $37.2 million.

It's not immediately known what the buyer has planned for the future of the Atchison location.

The line pipe Energy Tubular business first went idle, and was then permanently closed in January 2016.

More than 100 jobs were lost with the company's decision to close the Atchison location, citing falling oil prices that affected the demand for the manufacture of oil field equipment, such as that manufactured at the location.

Northwest Pipe instead began what President and CEO Scott Montross calls “a multi-year transformational journey” to refocus efforts “on becoming a pure play water company.”

Montross, in the news release, says the sale of the Atchion facility, which he calls “a non-core asset,”will strengthen Northwest Pipe's “ability to pursue growth opportunities in the water and wastewater infrastructure markets.”

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