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Stock Market & Financial Investment News

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January 8, 2013
05:14 EDTGBXGreenbrier announces over $430M in new railcar orders since September 1
The Greenbrier Companies announced it is meeting demand for new railcars in North American and European markets with orders for over 4,200 units valued at over $430M since the start of its current fiscal year which began on September 1. Continued strength in North American shale energy markets generated orders for 1,250 of Greenbrier's higher margin tank cars with a value of approximately $160M. While Greenbrier has aggressively ramped tank car production over the last year in response to strong demand, order activity in the current fiscal year is diversified across a broad range of railcar types, with current tank car orders representing only 30 percent of all new business since September 1. Greenbrier has also received orders in North America and Europe for 1,400 automotive-related products valued at $140M. In North America, the company has received orders for nearly 1,000 automotive racks. Orders for 89-foot flatcars to support the rack deliveries are anticipated later in the fiscal year. In Europe, the company has received orders for more than 400 automotive-related railcars.
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September 17, 2014
06:02 EDTGBXGreenbrier announces orders for 15,000 railcars valued at $1.37B
Greenbrier announced that it received new orders in its fourth quarter ended August 31 and through the date of this release for 15,000 railcar units valued at $1.37B. The announced orders comprise a broad range of railcar types including tank cars, small cube covered hopper cars for sand and cement service, medium cube covered hopper cars for grain service, automotive carrying cars, and a recent award for 3,100 double-stack intermodal units. In addition, Greenbrier received a recent deck cargo barge order which brings total marine backlog to $112 million and extends Greenbrier's marine backlog to 2016. Since September 1, 2013 through the date of this release, Greenbrier has received orders for almost 39,000 railcars in North America and Europe valued at $3.72B. The average sales price of $95,000 reflects the diversity of railcar types ordered.

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