NORTH AMERICAN PIPE CORPORATION BUYS LODI MANUFACTURING PLANT FOR $175M

LODI, CALIF. — North American Pipe Corporation has purchased CertainTeed’s Pipe and Foundation Group(PFG), which includes its Lodi manufacturing and operating facilities, for $175 million. CertainTeed Corporation is a subsidiary of the French companyCompagnie de Saint-Gobain. North American Pipe Corporation is a subsidiary of Westlake Chemical Corporation. PFG produces PVC pipes and fittings for municipal, water well, mining, agriculture and irrigation applications at its plant. The sale also included the PVC pipe, fittings, technologies and intellectual properties, profiles and foundations business, as well as an additional plant in McPherson, Kan.