June 5, 2009 (FinancialWire) — Northwest Pipe Co. (NASDAQ: NWPX) said it has received a letter of intent from Slayden Construction Group, Inc. of Stayton, Oregon to supply around $7 million worth of pipe for the Juniper Ridge hydroelectric power project in Central Oregon.

Under the deal, Northwest Pipe will supply around 14,000 feet of 108″ steel pipe valued at around $7 million for an engineered and custom fabricated piping system. The pipe is expected to be manufactured in the company’s Portland, Oregon facility with delivery scheduled to begin in the third quarter of 2009.

Vancouver, Washington-based Northwest Pipe manufactures welded steel pipe and other products. The company has ten manufacturing facilities across the United States and Mexico.

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