FREIGHTCAR AMERICA Inc

(NASDAQ: RAIL)
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21.58 Down -0.58 -2.62%
COMPANY ADDRESS
FREIGHTCAR AMERICA Inc
Two North Riverside Plaza
Chicago, IL 60606
USA - Map
Phone: +1 800 458-2235
Fax: +1 312 928-0890
Website
COMPANY INFORMATION
Exchange: NASDAQ national market
Stock: FreightCar America Inc
Industry: Railroads
Employees: 819
DESCRIPTION
FreightCar America Inc was incorporated in Delaware. The Company is a manufacturer of aluminum-bodied railcars in North America. It specializes in the production of coal cars, which represented 68% of its deliveries of railcars in 2013. It designs and manufactures aluminum-bodied and steel-bodied railcars that transport a variety of different products. The balance of the Companys production consisted of a broad spectrum of railcar types. Its railcar manufacturing facilities are located in Danville, Illinois and Roanoke, Virginia. Both facilities have the capability to manufacture a variety of types of railcars, including aluminum-bodied and steel-bodied railcars. The Company also refurbishes and rebuilds railcars and sells forged, cast and fabricated parts for all of the railcars it produces, as well as those manufactured by others. The Companys operations comprise two reportable segments, Manufacturing and Services. Its Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. Its Services segment includes general railcar repair and maintenance, inspections, parts sales and railcar fleet management services. Corporate includes administrative activities and all other non-operating activity. The Companys products and services include BethGon Series. Since it introduced the steel BethGon railcar in the late 1970s and the aluminum BethGon railcar in 1986, the BethGon railcar has become the often used coal car in North America. Its current BethGon II features lighter weight, higher capacity and increased durability suitable for long-haul coal carrying railcar service. AutoFlood Series; its aluminum bodied open-top hopper railcar, the AutoFlood, is a five-pocket coal car equipped with a bottom discharge gate mechanism. Other Coal Cars; it manufactures a variety of other types of aluminum and steel-bodied coal cars, including triple hopper, hybrid aluminum/stainless steel hoppers and gondolas and flat bottom gondola railcars. The Company operates in a highly competitive marketplace. Its competition is based on price, product design, and reputation for product quality, reliability of delivery and customer service and support. The Company is subject to federal, state, local and international environmental laws and regulations.
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Financial data in US dollars | Page generated 5:49 AM ET
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MARKET UPDATE
[BRIEFING.COM] The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed ... More
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