FreightCar America Inc

NASDAQ:RAIL   3:59:55 PM EDT
6.47
+0.29 (+4.69%)
Other Pre-Announcement, Mergers / Acquisitions

Freightcar America To Exit Shoals Manufacturing Facility By Early 2021

Published: 09/10/2020 20:34 GMT
FreightCar America Inc (RAIL) - Freightcar America, Inc. Announces Additional Steps in Manufacturing and Operational Realignment.
Freightcar America Inc - Company in Discussions to Acquire Its Partner's 50% Interest in CastaÑos, Mexico Joint Venture.
Freightcar America Inc - Production Expected to Be Fully Consolidated at New CastaÑos, Mexico Plant Starting in January.
Freightcar America Inc - Expects to Incur Pre-tax Cash Charges of Approximately $6.0-to-$8.0 Million by End of Q1 of 2021.
Freightcar America Inc - Announced Decision to Exit Shoals Manufacturing Facility by Early 2021.