Atkore acquires two pipe and conduit companies
HARVEY -- Atkore Inc. said it acquired two separate but related Oregon-based companies doing business as Cascade Poly Pipe & Conduit and Northwest Polymers.
Cascade is a manufacturer specializing in smooth wall plastic conduit made from recycled materials, primarily serving the telecommunications, utility and datacom markets. Northwest Polymers is a leading recycler of PVC pipes and other plastics and a strategic supply partner to Cascade and other manufacturers in the region.
Financial terms of the acquisitions were not disclosed. However, with the addition of Cascade and Northwest Polymers, the company now has deployed more than $310 million dollars to complete six acquisitions in the current fiscal year, Atkore said.
"The acquisition of Cascade strengthens Atkore's product portfolio, establishes a ... conduit manufacturing presence in the Pacific Northwest to better serve customers, and enables us to meet growing demands resulting from the expansion of 5G wireless networks and the U.S. infrastructure bill funding supporting broadband to rural and underserved communities," said
John Pregenzer, president of Atkore's Electrical business.