FreightCar America to acquire assets of Navistar, Inc.’s railcar operations at Shoals facility [Seeking Alpha]
Freightcar America, Inc. (RAIL)
Last freightcar america, inc. earnings: 2/26 08:06 pm
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freightcaramerica.com
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Source: Seeking Alpha
FreightCar America to acquire assets of Navistar, Inc.’s railcar operations at Shoals facilityFreightCar America (NASDAQ:RAIL) entered into an asset purchase agreement with Navistar, Inc.to acquire substantially all of Navistar’s operating assets associated with its railcar operations at the Shoals facility in Cherokee, Alabama.The transaction is expected to close on or around February 28.Jim Meyer, President and Chief Executive Officer said, “We are making important investments in people, technology, equipment and infrastructure to enhance our state-of-the-art facility and world-class workforce, which will increase our operational efficiencies and create long-term value for our shareholders. The opportunities afforded to us upon completion of the acquisition, together with the organizational changes and manufacturing best practices that we have already begun to implement, will significantly strengthen our long-term competitive positioning, reduce our costs and allow us to be more res
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RAIL
News
- Investors in FreightCar America (NASDAQ:RAIL) have unfortunately lost 45% over the last five years [Yahoo! Finance]Yahoo! Finance
- Earnings Release: Here's Why Analysts Cut Their FreightCar America, Inc. (NASDAQ:RAIL) Price Target To US$4.00 [Yahoo! Finance]Yahoo! Finance
- FreightCar America, Inc. (NASDAQ: RAIL) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- FreightCar America, Inc. (NASDAQ:RAIL) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- FreightCar America Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
RAIL
Earnings
- 3/18/24 - Miss
RAIL
Sec Filings
- 4/11/24 - Form 4
- 4/5/24 - Form 8-K
- 4/4/24 - Form ARS
- RAIL's page on the SEC website