L.B. Foster Company (L.B. Foster) announced July 5 that its CXT Incorporated (CXT) subsidiary has completed the sale of substantially all the operating assets of its prestressed concrete railroad tie business located in Spokane, Wash., to voestalpine Railway Systems Nortrak, LLC (Nortrak).
RAILWAY AGE, APRIL 2023 ISSUE: Foundational to the freight and passenger rail network, crossties handle pressure from all sides—from train weight to Mother Nature.
Bluejay Capital Partners has acquired rail and industrial services firm Pacific West. In addition, the Fixation Division at voestalpine Railway Systems Nortrak (Nortrak) has celebrated five years without a recordable injury at its Cheyenne, Wyo., plant.
