Westlake Corporation WLK announced that its Westlake Pipe & Fittings division has completed the construction of a new molecular-oriented polyvinyl chloride (PVCO) pipe manufacturing facility at its existing site in Wichita Falls, TX. The expansion strengthens the company's growth, innovation and employment in North America.
The project includes the addition of a 190,000-square-foot facility, located centrally in the United States to support its position in the region, enabling deeper customer interaction. This will increase Westlake's North American PVCO pipe production capacity and streamline the assembly process while reducing environmental footprint.
Westlake introduced its advanced molecular-oriented PVC pipe technology in 2021. The product offers superior strength, durability and performance in potable water conveyance. It supports growing demand for sustainable water infrastructure solutions.
The project was completed in a timely manner and within budget, representing Westlake’s investment in processing technology, sustainable solutions and customer-centric products undertaken at a Westlake Housing & Infrastructure Products facility. The new plant also introduces PVCO pipe manufacturing to the region, supporting development and job creation.
Westlake Corporation Price and Consensus
Westlake Corporation price-consensus-chart | Westlake Corporation Quote
WLK’s Zacks Rank & Key Picks
WLK currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the Basic Materials space are Reliance, Inc. RS, Avino Silver & Gold Mines Ltd. ASM and Avient Corporation AVNT.
RS currently sports a Zacks Rank #1 (Strong Buy), while ASM and AVNT carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here
The Zacks Consensus Estimate for RS’ 2026 earnings is pegged at $23.70 per share, indicating a 66.2% year-over-year surge. RSshares have gained 55.7% over the past year.
The Zacks Consensus Estimate for ASM’s current fiscal-year earnings is pinned at 28 cents per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 75%.
The Zacks Consensus Estimate for AVNT’s 2026 earnings is pegged at $3.2 per share, indicating a year-over-year rise of 13.48%. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%.
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This article originally published on Zacks Investment Research (zacks.com).