The Greenbrier Companies
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The Greenbrier Companies | |
Type | Public: (NYSE: GBX) |
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Founded | Lake Oswego, Oregon (1981) |
Headquarters | Lake Oswego, Oregon, USA |
Key people | Mark Rittenbaum, VP |
Industry | Marine Engineering / Railways |
Products | Ships, trains |
Revenue | $953 million USD (2006) |
Employees | 3,661 (2006) |
Website | http://www.gbrx.com/ |
The Greenbrier Companies is a predominately American company that specialises in transportation services, notably barge and railcar manufacturing, railcar refurbishment, and railcar leasing/management services. Its headquarters are in Lake Oswego, Oregon, USA.
Contents |
[edit] History
In 1981, the holding company The Greenbrier Companies was formed by Alan James and William A. Furman to purchase the Greenbrier Leasing Corporation, a railcar leasing firm formed in 1970 and operated since 1979 by James and Furman.
In 1985, The Greenbrier Companies purchased the Marine and Railcar division of FMC, restoring the previous Gunderson Inc name. Gunderson has a seperate history going back to 1919, then the Gunderson brothers started a (spoked) wheel manufacture and repair business in Portland.
After a successful IPO in 1994, the Trenton Works company was purchased in 1995. The history of this subsidary is longer, going back to 1872
[edit] Manufacture
[edit] Marine
Under the name Gunderson Marine LLC, the Portland, Oregon plant manufactures ocean-going conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates and other heavy industrial products and ocean-going dump barges.
[edit] Railcars
[edit] North America
Under the names Gunderson LLC (Portland, Oregon), Gunderson Concarril (Concarril, Mexico) and TrentonWorks Ltd. (Trenton, Nova Scotia, Canada), both intermodal (60% market share) and conventional freight (30% market share) cars are produced.
[edit] Europe
Under the name Greenbrier Europe (plant in Swidnica, Poland), conventional freight cars (approx 20% market share) are produced.
[edit] Repair/Refurbishment
Subsidaries Gunderson Rail Services LLC and Greenbrier Europe provide repair, refurbishment and component services for railcars in North America and Europe.
[edit] Leasing/Management
Under the name Greenbrier Leasing Company LLC, third parties can lease railcars from Greenbrier's fleet of 9,000. Subsidary Greenbrier Management Services manages a fleet of approx 145,000 railcars, predominately owned by third parties.
[edit] References
- The Greenbrier Companies, 2006 Annual Report
- History section cribbed from Funding Universe