|
|
News Breaks | | | | February 19, 2013 | | 19:30 EDT |  | RAIL, NAV | FreightCar America sub-leases railcar manufacturing facility from Navistar
FreightCar America (RAIL) announced that it has sub-leased approximately 25% of Navistar's (NAV) Cherokee, Alabama manufacturing facility. FreightCar is preparing the Shoals facility for operation, with the first deliveries of new railcars expected in 2H. When fully operational, the facility will have the capacity to build over 7,000 railcars per year. In connection with the transaction, the company also entered into several related agreements with Navistar for the supply of parts and production support services and the purchase of production equipment at the Shoals facility. The company expects to invest up to $23M to equip and make the facility operational. | |
|
News For RAIL;NAV From The Last 14 Days Check below for free stories on RAIL;NAV the last two weeks. |
|
|
| May 16, 2013 | | 08:49 EDT | | NAV | Navistar sells recreational vehicle business
 Subscribe for More Information | | | May 15, 2013 | | 12:22 EDT |  | RAIL | FreightCar America management to meet with Jefferies
Subscribe for More Information | | | May 13, 2013 | | 10:38 EDT |  | NAV | Oshkosh vehicle design rejected by Pentagon, Defense News says
Subscribe for More Information | | | May 9, 2013 | | 07:32 EDT | | NAV | Wells Fargo to host a conference
Subscribe for More Information | | | May 6, 2013 | | 10:17 EDT |  | RAIL | FreightCar America coal car orders likely to rebound in 2H13, says Sterne Agee
Subscribe for More Information | |
|
|
|
|
|
|
