MINNEAPOLIS – August 3, 2000 – PW Eagle, Inc. (Nasdaq NMS: "PWEI"), dba "PWPipe", today announced that it has completed its acquisition from Uponor ETI of a 41,000 square foot PVC pipe manufacturing facility in Phoenix, Arizona, with certain production equipment located in the facility. The price and terms were not disclosed. The transaction was completed on August 1, 2000.

Uponor ETI had previously announced its intention to sell the facility in conjunction with capacity additions at its Conroe, Texas and other facilities. PWPipe has long been active in the Phoenix market, servicing it primarily from its facilities in southern California. The parties anticipate that there will be no disruption in the operations of the facility as a result of the transaction.

William H. Spell, PW Eagle CEO, stated, "Being able to acquire an existing facility in the Phoenix area is a great strategic move for us. It will enable us to better serve our customers throughout the Southwest. While the volume for 2000 will not be significant, we expect the production from the Phoenix facility to grow to match that of our other facilities."

PWPipe is a leading manufacturer of PVC pipe and fittings and polyethylene tubing. The Company operates nine manufacturing facilities in the midwestern and western United States. PW Eagle’s stock is traded on the Nasdaq NMS under the symbol "PWEI."

The Chief Executive Officer’s statement regarding the Company’s expectation that it will be better able to serve its customers and that the production and product lines at the Phoenix facility will grow over time are "forward looking statements" made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties may cause actual results to differ materially from those expected from the forward looking statements. Such risks and uncertainties include a slowdown in the construction industry and overall economy, disruptions in the supply of raw materials and other known and unknown risks.