Loram, a maintenance-of-way equipment and services provider based in Hamel, Minn., has announced its acquisition of the rail business unit of Sentient Science. The products, team and intellectual property will be managed by Loram Technologies, a wholly owned subsidiary of Loram.
Loram Maintenance of Way, Inc. has acquired the railroad services divisions of Montana Hydraulics, LLC. The products and services acquired will be managed under Loram Technologies, Inc., a wholly owned subsidiary of Loram.
Effective Jan. 1, 2021, under a corporate realignment, Georgetown Rail Equipment Company (GREX) will be doing business as Loram Technologies, Inc.
Loram Friction Management recently welcomed John Coulam and Bruce Wise to the team.
Loram Pty Ltd., the wholly owned Australian subsidiary of Loram Maintenance of Way, Inc., has executed a binding agreement to acquire all the assets of the rail grinding business of Aurizon Operations Ltd. Upon completion, Loram will increase the number of Australian customers to which it provides rail grinding services by four, including all main line and turnout rail grinding for Aurizon Network Pty Ltd. Completion of the acquisition remains subject to certain conditions precedent.
Georgetown Rail Equipment Company (GREX) has made $10,000 available to its employees who are Armed Forces veterans to donate to veteran’s charities of their choice. Historically, GREX has supported its veterans through a variety of ways. This year, the company said, it “wanted to empower the veterans themselves to decide which causes to support.”
Loram Maintenance of Way, Inc. (LORAM) has appointed Stephen Mannix as Managing Director of Loram Pty. Ltd., its Australian subsidiary, with responsibility for the Australasian market.
Loram Maintenance of Way, Inc. (LORAM) has tapped Luke Olson to serve as Vice President Marketing and Sales.
Loram Maintenance of Way, Inc. has appointed Katie Hadenfeldt Vice President Sales & Marketing, with responsibility for all aspects of LORAM’S contract services sales and marketing efforts, along with all new and existing product development initiatives.
