L.B. Foster’s net rises in qtr., but headwinds lie ahead
Nov 03, 2011 | 05:20 PM
| Suzy Waite
Tags
L.B. Foster,
Stan Hasselbusch,
quarterly earnings results,
Suzy Waite
NEW YORK — L.B. Foster Co. warned of turbulence ahead for a number of its key end-use markets as it logged a gain in its third-quarter earnings.
"This lack of progress related to new transportation legislation and steadily decreasing government spending on infrastructure due to weak finances are perpetuating negative headwinds for our construction and transit markets," Stan Hasselbusch, president....
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