MarkHatfield/iStock via Getty Images Synopsis Northwest Pipe Company (NASDAQ:NWPX) specialises in the production and sale of water-related infrastructure products. After a strong year in 2022, it faced headwinds in 2023 caused by a small bidding market for its SPP segment, and the interest rate environment negatively impacted its precast segment. As a result, net sales declined, but modestly. Currently, the US water infrastructure is in dire need of repairs because it is ageing and has led to many water mai ...