Greenbrier restarting railcar production
Apr 07, 2010 | 12:06 PM
| Frank Haflich
Greenbrier Cos. is bringing some mothballed North American capacity back online in an apparent sign of an improving railcar manufacturing outlook.
"Higher demand" is prompting the Lake Oswego, Ore.-based manufacturer of railcars, railcar components and marine barges—whose backlog was ravaged last year as General Electric Co. slashed its orders—to restart its Gunderson Concarril SA de CV railcar plant in Sahagun, Mexico.
Since the end of Greenbrier's fiscal second quarter on Feb. 28, the company has received a total of $40 million in new railcar orders for 300 covered hopper cars, and in Europe for 130 freightcar wagons.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here