Atkore Inc. Announces Divestiture of Northwest Polymers Recycling Business
18 Fevereiro 2025 - 8:00AM
Business Wire
Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer
of electrical products for commercial, industrial, data center,
telecommunications, and solar applications, today announced the
sale of Northwest Polymers, a post-industrial and post-commercial
plastic recycler based in Molalla and Aurora, Oregon.
Bill Waltz, Atkore President and CEO, noted, “Atkore continually
reviews the strategic direction of all aspects of our business,
including potential acquisitions and divestitures. The sale of
Northwest Polymers aligns with our disciplined approach to capital
allocation and our commitment to drive value creation for our
shareholders.”
In 2022, the Company acquired two separate but related
Oregon-based companies doing business as Northwest Polymers and
Cascade Poly Pipe & Conduit, a manufacturer specializing in
smooth wall HDPE conduit. The sale of Northwest Polymers does not
impact Atkore’s continued operations for the HDPE product, which
primarily serves telecommunications, utility and datacom
markets.
About Atkore Inc.
Atkore is a leading manufacturer of electrical products for
commercial, industrial, data center, telecommunications, and solar
applications. With 5,600 employees and $3.2B in sales in fiscal
year 2024, we deliver sustainable solutions to meet the growing
demands of electrification and digital transformation. To learn
more, please visit www.atkore.com.
Dissemination of Company Information
Atkore intends to make future announcements regarding company
developments and financial performance through its website,
www.atkore.com, as well as through press releases, filings with the
Securities and Exchange Commission, conference calls, media
broadcasts, and webcasts.
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version on businesswire.com: https://www.businesswire.com/news/home/20250218980115/en/
Media Contact: Lisa Winter Vice President - Communications
708-225-2453 AtkoreCommunications@atkore.com
Investor Contact: Matthew Kline Vice President - Treasury &
Investor Relations 708-225-2116 Investors@atkore.com
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