Greenbrier sees strong rail-car orders

01/8/2013 | American City Business Journals

Since September, Greenbrier has received rail-car orders worth an estimated $430 million, indicating recovery in the automotive industry, the company says. "Our enhanced manufacturing flexibility allows Greenbrier to meet the needs of the booming automotive market while maintaining our competitive position in other rail-car types like intermodal double stack, gondolas, forest products and covered hoppers, where we have historic strength," CEO William Furman said. North American automotive rail loadings increased 13.9% in 2012, according to the Association of American Railroads.

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