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Northwest Pipe Company Launches Community Impact Program

1. NWPX launches Community Impact Program for philanthropic engagement. 2. Initiative starts with a $25,000 donation to Share Vancouver. 3. Program aims to align giving with corporate ethics and community needs. 4. NWPX plans to expand the program across 13 manufacturing plants by 2025. 5. CEO emphasizes commitment to fighting food insecurity and supporting communities.

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FAQ

Why Bullish?

The company's active involvement in community welfare may improve its public image, attracting investors. Historically, companies that engage in CSR often see shareholder value grow, evident in firms like Unilever after similar initiatives.

How important is it?

The initiative shows a proactive approach to corporate responsibility which can lead to stronger community ties and potentially improved financial performance, making it substantially relevant for stakeholders.

Why Long Term?

The ongoing expansion of the Community Impact Program set for 2025 indicates sustained commitment. Long-term engagement can enhance brand loyalty and customer base, reflecting positively on future revenues.

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Company Kicks Off Initiative with Donation to Share Vancouver's Backpack Program, /PRNewswire/ -- Northwest Pipe Company (Nasdaq: NWPX), a leading manufacturer of water-related infrastructure, announces the launch of its Community Impact Program, a dedicated initiative to guide the Company's philanthropic and community engagement activities.Through the Community Impact Program, Northwest Pipe is strengthening its commitment to corporate responsibility by supporting recognized nonprofit organizations, fostering strong local communities, and aligning their giving efforts with the Company's code of business conduct and ethics. Northwest Pipe Company CEO & President Scott Montross and Corporate Social Responsibility Manager Dan Soltesz (center) and flanked by Share Vancouver staff. To inaugurate the program, Northwest Pipe has made a $25,000 donation to the Share Vancouver Backpack Program, which provides over 1,200 bags of non-perishable food weekly to help low-income families sustain nutritious meals over the weekend when school lunches are unavailable. The program also prepares specialized "hotel bags" containing ready-to-eat food for families without access to kitchen facilities. Currently, Share Vancouver serves 90 schools across the Evergreen and Vancouver School Districts in Washington. "We are incredibly grateful to Northwest Pipe Company for their generous financial support of Share's Backpack Program through the Community Impact Program," states Amy Reynolds, Executive Director at Share. "Your generosity helps to ensure that children and families have access to nutritious meals when school doors are closed, while also alleviating stress for parents who are managing households on a tight budget. Thank you for your heartfelt commitment to helping families in need in our community.""It's a privilege to support Share Vancouver and their mission to make tangible differences in the lives of children and families," said Scott Montross, President and Chief Executive Officer of Northwest Pipe Company. "Food insecurity affects far too many families, and this program resonates deeply with our team. Launching our Community Impact Program with this initiative sets the tone for the kind of local engagement we want to foster across all our locations."In 2025, Northwest Pipe will expand the Community Impact Program across its 13 manufacturing plants in North America, empowering local teams to engage with and support charitable initiatives in their own communities.About Share VancouverShare Vancouver is a 501 (c) 3 non-profit and "Envisions a community without hunger, where all people have safe and adequate housing and the skills to enhance their quality of life." Share manages multiple shelter and housing residences, meal and nutrition programs, outreach programs, and tenant education programs. Please see www.sharevancouver.org for more information.About Northwest Pipe Company – Founded in 1966, Northwest Pipe Company is a leading manufacturer of water-related infrastructure products. In addition to being the largest manufacturer of engineered steel water pipeline systems in North America, the Company manufactures stormwater and wastewater technology products; high-quality precast and reinforced concrete products; pump lift stations; steel casing pipe; bar-wrapped concrete cylinder pipe; and one of the largest offerings of pipeline system joints, fittings, and specialized components. Strategically positioned to meet growing water and wastewater infrastructure needs, Northwest Pipe Company provides solution-based products for a wide range of markets under the ParkUSA, Geneva Pipe and Precast, Permalok®, and Northwest Pipe Company lines. The Company's diverse team is committed to quality and innovation while demonstrating its core values of accountability, commitment, and teamwork. The Company is headquartered in Vancouver, Washington, and has 13 manufacturing facilities across North America. Please visit www.nwpipe.com for more information.Contact:Aaron WilkinsChief Financial OfficerNorthwest Pipe Company360-397-6294 • [email protected]SOURCE Northwest Pipe Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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