L.B. Foster keen on energy pipe amid mixed outlook
Nov 06, 2013 | 07:25 PM
| Corinna Petry
CHICAGO L.B. Foster Co.s outlook is mixed for the rest of the year and into 2014.
Generally, construction market demand will see some improvements while energy will remain inconsistent, according to the company, which manufactures and distributes steel-based products for the rail, construction, energy and utility markets.
"Construction orders have been positive for two quarters now and are well ahead of prior-year levels," president and chief executive officer Robert P. Bauer said during the Pittsburgh-based companys Nov. 5 earnings call.....
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