JM Eagle, the world’s largest plastic-pipe manufacturer, on April 5 revised its product warranty from one year to 50 years. The Los Angeles firm, with $1.6 billion in annual sales, says the new warranty will cover manufacturer’s defects for all new sales of high-performance polyvinyl chloride and high-density polyethylene pipe used in water transmission and distribution lines and sewer mains. Two months ago, a federal court unsealed a whistle-blower’s defective-products lawsuit, which has been joined by 43 municipalities and four states.
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.