Atkore Inc. Announces Divestiture of Northwest Polymers Recycling Business

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HARVEY, Ill.--(BUSINESS WIRE)--Feb 18, 2025--

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250218980115/en/

CONTACT: Media Contact:

Lisa Winter

Vice President - Communications

708-225-2453

[email protected] Contact:

Matthew Kline

Vice President - Treasury & Investor Relations

708-225-2116

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: OTHER MANUFACTURING TECHNOLOGY CONSTRUCTION & PROPERTY CHEMICALS/PLASTICS OTHER TECHNOLOGY TELECOMMUNICATIONS BUILDING SYSTEMS MANUFACTURING HARDWARE DATA MANAGEMENT

SOURCE: Atkore Inc.

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PUB: 02/18/2025 06:00 AM/DISC: 02/18/2025 06:03 AM

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