Dec. 23 at 5:14 PM
Noble Capital Markets Research Report: FreightCar America (
$RAIL) – Acquisition Strengthens RAIL’s Aftermarket Distribution Business
Acquisition of Carly Railcar Components. FreightCar America acquired Carly Railcar Components, LLC (CRC), a family-owned railcar component distributor founded in 1995. Carly operates warehouse facilities in Orange, Texas, and Irwin, Pennsylvania, supplying AAR M-1003 approved original equipment manufacturer (OEM) railcar components to repair shops, railroads, private car owners, and industrial customers. The company also operates a core exchange program for reconditioned parts. The purchase price was not disclosed.
Read more: https://www.channelchek.com/news-channel/freightcar-america-rail-acquisition-strengthens-rails-aftermarket-distribution-business