NWPX Infrastructure Announces Strategic Leadership Promotions

Rhea-AI Summary

NWPX Infrastructure (Nasdaq: NWPX) announced strategic leadership promotions on January 29, 2026, shifting senior operational roles across Water Transmission Systems (WTS) and Precast segments.

Michael Wray promoted to Executive Vice President overseeing WTS and Precast; Eric Stokes to Senior Vice President and WTS Group President; Jesus Tanguis to Senior Vice President/General Manager of Precast; Justin Fraughton to Vice President and General Manager of NWPX Geneva. Miles Brittain plans retirement in April and will assist with transition priorities.

Positive

• Promotion of Michael Wray to Executive Vice President with WTS and Precast oversight
• Eric Stokes elevated to WTS Group President, adding Permalok plant and corporate purchasing
• Internal promotions preserve continuity: four leaders promoted from within NWPX
• Justin Fraughton assigned oversight of three Utah facilities, centralizing local operations

Negative

• Planned retirement of Executive Vice President Miles Brittain may cause near-term transition risk through April
• Expanded roles concentrate operating responsibility, raising integration and execution demands across segments

Key Figures

Tenure start: 2007 Precast promotion: 2020 Geneva hire date: January 2024 +2 more

5 metrics

Tenure start 2007 Year Michael Wray joined NWPX

Precast promotion 2020 Year Wray became VP/GM of Precast

Geneva hire date January 2024 Date Jesus Tanguis joined as VP/GM of NWPX Geneva

Geneva tenure 1998 Year Justin Fraughton started with NWPX Geneva

Utah facilities 3 facilities Number of Utah facilities overseen by Fraughton

Market Reality Check

Price: $66.96 Vol: Volume 85,610 vs 20-day a...

normal vol

$66.96 Last Close

Volume Volume 85,610 vs 20-day average 65,433 (relative volume 1.31x) shows elevated trading ahead of this leadership update. normal

Technical Shares at $66.96 are trading above the 200-day MA of $50.55, and about 5.17% below the 52-week high of $70.61.

Peers on Argus

While NWPX was down 1.18%, peers were mixed: ASTL (-3.47%), LUD (-7.47%), MSB (-...

While NWPX was down 1.18%, peers were mixed: ASTL (-3.47%), LUD (-7.47%), MSB (-0.83%) weaker, but ZEUS (+1.8%) and MTUS (+1.12%) higher. With no peers in the momentum scanner, this points to company-specific trading rather than a unified steel move.

Historical Context

5 past events · Latest: Jan 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 08	Project technology update	Positive	+0.6%	First commercial use of Permalok RBJ in major Florida pipeline project.
Dec 02	Operational award news	Positive	+2.2%	NWPX Geneva named Utah Manufacturer of the Year for large companies.
Nov 25	Certification achievement	Positive	+0.8%	Company achieved UL 508A certification for control panel systems at NWPX Park.
Oct 29	Earnings results	Positive	+0.5%	Record Q3 2025 sales, gross profit, backlog, and strong WTS/Precast metrics.
Oct 15	Sustainability disclosure	Positive	-1.1%	Publication of third-party verified EPD for water transmission pipe products.

Pattern Detected

Operational and recognition-focused news has generally seen modest positive price reactions, with one environmental disclosure drawing a small negative move.

Recent Company History

Over the past few months, NWPX has reported several operational and branding milestones. On Oct 29, 2025, it delivered record Q3 2025 results with higher sales, gross profit, and strong WTS and Precast performance. Subsequent news highlighted sustainability credentials via an EPD on Oct 15, 2025, UL 508A certification for NWPX Park on Nov 25, 2025, and a major award for NWPX Geneva on Dec 2, 2025. A recent Jan 8, 2026 project update showcased innovative Permalok RBJ usage. Today’s leadership promotions build on that operational momentum.

Market Pulse Summary

This announcement details multiple internal promotions aligning leadership with NWPX’s Water Transmi...

Analysis

This announcement details multiple internal promotions aligning leadership with NWPX’s Water Transmission Systems and Precast segments. It follows a period of record Q3 2025 results, certifications, project wins, and awards, suggesting continuity in operational focus. Recent filings highlight both executive transitions and performance-based incentives. Investors may watch how these leaders execute across NWPX Geneva, NWPX Park, and Permalok® operations, and whether upcoming earnings and backlog trends sustain the momentum seen in prior quarters.

AI-generated analysis. Not financial advice.

The Company promotes four key individuals in Operations

VANCOUVER, Wash., Jan. 29, 2026 /PRNewswire/ -- NWPX Infrastructure (Nasdaq: NWPX), a leading manufacturer of water-related infrastructure products, today announced a series of strategic leadership promotions across the Company.

Michael Wray has been promoted to Executive Vice President with operating and commercial oversight for both the Water Transmission Systems ("WTS") and Precast Infrastructure and Engineered Systems ("Precast") segments of business. Michael previously held the title Senior Vice President/General Manager of Precast. He has been instrumental to the Company's Precast segment growth and supported the acquisitions of both NWPX Geneva and NWPX Park. Michael started with NWPX in 2007 as a Project Manager at a WTS plant in Utah. In 2020 he was promoted to Vice President/General Manager of Precast. Earlier in January, Miles Brittain, Executive Vice President, announced his retirement, and his intention to assist in transition priorities through his retirement date in April.

Eric Stokes has been promoted to Senior Vice President and WTS Group President. He will continue to have commercial and operating responsibility for the WTS segment, which includes all sales, engineering, quality, and production for the Company's WTS plants in North America. His broadened responsibilities will now include operating and commercial oversight for the Company's Permalok^® steel casing pipe plant in St. Louis, MO as well as corporate and WTS purchasing. Eric joined NWPX in 2008 and has played a critical role in strengthening performance across the WTS segment.

Jesus Tanguis has been promoted to Senior Vice President/General Manager of Precast. Since joining the Company in January 2024 as Vice President/General Manager of NWPX Geneva, Jesus has steadily grown the Utah Precast business and improved its operational performance. Moving forward, Jesus will have operating and commercial oversight for both NWPX Geneva and NWPX Park.

Justin Fraughton has been promoted to Vice President and General Manager of NWPX Geneva and will now provide commercial and operating oversight to the Company's three Utah facilities. Justin started with NWPX Geneva in 1998 and has since taken on roles of increasing responsibility with his last role as Multi-Site Operations Manager.

"This leadership evolution continues to position NWPX Infrastructure for sustained growth and operational excellence," states Scott Montross, President and CEO of NWPX Infrastructure. "Each of these leaders has earned greater responsibility by delivering results, developing people, and strengthening performance across markets. We are proud of our ability to promote from within and continue to build a team to scale operations. As Miles transitions toward retirement, we thank him for his contributions and wish him the very best in his next chapter."

About NWPX Infrastructure – Founded in 1966, NWPX Infrastructure, Inc. is a leading manufacturer of water-related infrastructure products. Under the Northwest Pipe Company brand, the Company is the largest manufacturer of engineered water transmission systems in North America and produces steel casing pipe, bar-wrapped concrete cylinder pipe, and pipeline system joints and fittings. The Company also provides solution-based products for a wide range of markets including high-quality reinforced precast concrete products and lined precast sanitary sewer system components, which are manufactured under the NWPX Geneva brand, as well as water distribution and management equipment including pump lift stations, wastewater pretreatment, and stormwater quality products through the NWPX Park brand. Strategically positioned to meet growing water and wastewater infrastructure needs, the Company's skilled team is committed to quality and innovation while upholding its core values of accountability, commitment, and teamwork. Headquartered in Vancouver, Washington, NWPX Infrastructure operates 13 manufacturing facilities across North America. For more information, please visit www.nwpx.com.

Contact:
Aaron Wilkins
Chief Financial Officer
NWPX Infrastructure, Inc.
360-397-6294 • awilkins@nwpx.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nwpx-infrastructure-announces-strategic-leadership-promotions-302674519.html

SOURCE NWPX Infrastructure, Inc.

FAQ

Who was promoted to Executive Vice President at NWPX (Nasdaq: NWPX) on January 29, 2026?

Michael Wray was promoted to Executive Vice President with operating and commercial oversight for WTS and Precast. According to the company, he previously served as Senior Vice President/General Manager of Precast and has been with NWPX since 2007.

What responsibilities does Eric Stokes have after his promotion at NWPX (NWPX)?

Eric Stokes was promoted to Senior Vice President and WTS Group President with commercial and operating responsibility for WTS. According to the company, his scope now includes the Permalok steel casing pipe plant and corporate and WTS purchasing.

What role will Jesus Tanguis hold at NWPX (Nasdaq: NWPX) following the January 29, 2026 announcement?

Jesus Tanguis was promoted to Senior Vice President/General Manager of Precast overseeing NWPX Geneva and NWPX Park operations. According to the company, he joined in January 2024 and improved Utah Precast operational performance.

Who will manage NWPX Geneva and the three Utah facilities after the leadership changes at NWPX?

Justin Fraughton was promoted to Vice President and General Manager of NWPX Geneva, providing oversight for the company's three Utah facilities. According to the company, he began at NWPX Geneva in 1998 and has risen through operations roles.

When will outgoing Executive Vice President Miles Brittain retire from NWPX (NWPX)?

Miles Brittain announced his retirement and plans to assist with transition priorities through his retirement date in April. According to the company, he will support handover activities until that April retirement date.

How does NWPX (Nasdaq: NWPX) describe the impact of the January 29, 2026 leadership promotions?

NWPX says the leadership changes position the company for sustained growth and operational excellence while promoting from within. According to the company, promoted leaders earned greater responsibility by delivering results and strengthening performance.