RAILWAY AGE, OCTOBER 2021 ISSUE: Rail fastening system technology continues to evolve, delivering a tight hold and longer track life in heavy-haul freight, high-speed passenger rail and transit applications.
L.B. Foster Company on Sept. 24 completed the sale of its steel Piling Products division to J.D. Fields & Company, Inc. for approximately $24 million in total proceeds., and is retaining all pre-closing receivables and liabilities associated with the line of business.
TTX Co. has promoted Shannon K. Bagato to Vice President of Law-General Counsel, effective Oct. 1. In addition, Jason Bowlin has been elevated to Vice President-Global Friction Management for L.B. Foster’s Rail Technologies & Services business.
L.B. Foster’s North American Rail Technologies & Services Group is now offering single-source friction management services for the short line and industrial rail markets.
RAILWAY AGE, JULY 2021 ISSUE: Today’s suppliers are not only providing lubrication and friction management systems that significantly reduce rail wear and fuel expenses, but also developing all-weather products and remote monitoring capabilities that lower the railroads’ cost of ownership—and maximize performance.
L.B. Foster on June 25 reported the retirement of President and CEO Robert P. Bauer. Effective July 21, he will be succeeded by 18-year company veteran John F. Kasel, who currently serves as Senior Vice President and COO.
Gregory (Greg) W. Lippard and William (Bill) Treacy have been elevated to Senior Vice President roles at L.B. Foster Company, effective immediately.
HDR advisors have helped three transit agencies secure a total of $1.23 billion for four projects under the Federal Transit Administration’s Capital Investment Grant program; L.B. Foster Co. has hired a new Senior Vice President and CFO.
Pittsburgh, Pa.-based L.B. Foster has restructured, creating two primary business units.
RAILWAY AGE, OCTOBER 2020 ISSUE: Gauge-holding capability, resiliency, noise reduction, ease of installation and maintenance, low life-cycle cost, safety: Railroads rely on fasteners with these qualities to perform under heavy traffic.