For AITX, New Account Managers
American Industrial Transport, Inc. (AITX) has appointed Vince Mantia and Terry Hicks as Account Managers for its Railcar Repair Services business.
American Industrial Transportation Inc.
Higginbotham named AITX President
American Industrial Transport, Inc. (AITX) has named Kurt Higginbotham as President, effective Oct. 1, 2021.
AITX Acquires The Andersons, Inc. Railcar Leasing Unit for $0.55B, Cash
The Andersons, Inc. has sold its railcar leasing business to American Industrial Transport, Inc. (AITX) for approximately $550 million in cash, and also intends to sell off its remaining railcar repair business, including 29 U.S. facilities, as part of a “strategic decision” to jettison all its railcar interests and focus on its agricultural businesses, which include commodity trading, ethanol and plant nutrient sectors.
Introducing AITX™ Railcar Leasing and Repair
American Industrial Transport™ Inc. (AITX™) is the new name and brand of the railcar leasing and repair business of the former ARI (American Railcar Industries), whose railcar manufacturing division was acquired by The Greenbrier Cos. from ITE Management LP (ITE) in July 2019.