Greenbrier to double tank car capacity

Apr 07, 2014 | 10:14 AM | Frank Haflich

Tags  Greenbrier, rail cars, William A. Furman, earnings report, Mark J. Rittenbaum, Lorie L. Leeson, rail tank car capacity, Frank Haflich

LOS ANGELES — Greenbrier Cos. plans to double its capacity to manufacture rail tank cars in the next 18 months.

The Lake Oswego, Ore.-based rail car and marine barge builder’s capital spending plans include a "more flexible, lower-cost manufacturing footprint better suited to our production needs, particularly for tank cars, where Greenbrier plans to nearly double capacity over the next 18 months," chairman and chief executive officer William A. Furman said in a statement accompanying the company’s quarterly earnings report April 3. ....

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