FreightCar America
| Public | |
| Traded as | NASDAQ: RAIL |
| Industry | Rail transport |
| Founded | 1901 |
| Headquarters | Chicago, US |
| Products | Freight cars |
| Revenue | $141.3 million (2010)[1] |
| Website |
freightcaramerica |
FreightCar America is a manufacturer of freight cars for the railway industry.
The company began operations in 1901, and is headquartered in Chicago, Illinois.[2] It is engaged in the business of building, repairing, and leasing freight cars, largely for the transportation of bulk materials like coal, metals, wood products and automobiles.[2] In addition to the freight cars it constructs, the company also manufactures parts for use in cars built by other companies.[2]
It owns two factories—one in Danville, Illinois and one in Roanoke, Virginia.[3] The facility in Roanoke was closed in 2009 due to weak economic conditions,[3] but it was announced on 21 February 2011 that it would reopen after an order for 1,500 coal cars from the Norfolk Southern Railway.[4]
In 2008, the company produced 10,349 freight cars, but its output decreased to 3,377 cars in 2009.[4] During fiscal year 2010, FreightCar America had a profit of $36.52 million on revenue of $141.3 million.[1]
References
- ↑ 1.0 1.1 "Key Statistics". Yahoo! Finance. Archived from the original on 21 February 2011. Retrieved 21 February 2010.
- ↑ 2.0 2.1 2.2 "Profile". Yahoo! Finance. Archived from the original on 21 February 2011. Retrieved 21 February 2011.
- ↑ 3.0 3.1 "FreightCar America plans 'temporary suspension' of production in Roanoke". The Roanoke Times. 13 April 2011. Archived from the original on 21 February 2011. Retrieved 21 February 2011.
- ↑ 4.0 4.1 "Roanoke freight car plant will hire 200 as result of deal". Richmond Times-Dispatch. 21 February 2011. Archived from the original on 21 February 2011. Retrieved 21 February 2011.