## Atkore Inc. Strengthens Pacific Northwest Position Through Cascade Poly Pipe & Conduit and Northwest Polymers Transactions

Atkore Inc. has expanded its operational footprint in the Pacific Northwest through the strategic acquisition of two complementary Oregon-based manufacturers: Cascade Poly Pipe & Conduit and Northwest Polymers. These transactions represent part of the company's broader capital deployment strategy, which has now directed more than $310 million toward completing six separate acquisitions throughout Fiscal Year 2022.

### Transaction Details and Operational Integration

Cascade Poly Pipe & Conduit, headquartered in Woodburn, Oregon, specializes in manufacturing smooth wall HDPE conduit produced from recycled materials. The company primarily serves the telecommunications, utility, and datacom sectors. Complementing this acquisition, Northwest Polymers—based in Molalla, Oregon—operates as a specialized recycler handling PVC, HDPE, and other plastic materials, functioning as a key supply partner to Cascade and regional manufacturers.

Both entities will maintain their existing operational locations following the acquisition. Cascade will retain approximately 30 employees at its Woodburn facility, while Northwest Polymers will continue employing approximately 80 team members at its Molalla site.

### Strategic Rationale and Market Drivers

According to John Pregenzer, President of Atkore's Electrical business, the acquisition of Cascade Poly Pipe & Conduit bolsters the company's product offerings and establishes a manufacturing presence in the Pacific Northwest region. This positioning allows Atkore to address accelerating demand stemming from two major catalysts: the expansion of 5G wireless infrastructure nationwide and the implementation of the U.S. infrastructure bill, which allocates significant funding toward broadband deployment in rural and underserved communities.

The incorporation of Northwest Polymers addresses an equally important dimension of Atkore's strategy—advancing environmental, social, and governance (ESG) commitments through sustainable supply chain practices and enhanced recycling capabilities.

### Capital Allocation Framework

Bill Waltz, Atkore President and CEO, emphasized that these acquisitions align with the company's disciplined capital allocation strategy. The approach integrates organic growth investments, mergers and acquisitions, and shareholder returns through stock repurchases to drive long-term value creation.

Atkore operates a global network of manufacturing and distribution facilities and positions itself as a leading provider of electrical, safety, and infrastructure solutions. The terms of both acquisitions were not disclosed.