Cathcart Rail has completed its acquisition of the railcar repair business of The Andersons, Inc., and welcomes Nuveen, a leading global investment manager with more than $1.2 trillion of assets under management, as an equity stakeholder alongside Star America Infrastructure Partners, LLC.
Columbus, Ohio-based Carthcart Rail on July 8 completed its acquisition of The Andersons’ railcar repair business. Also, global rail fastening supplier Pandrol has provided an Ultrasonic Rail Testing Kit to SBS Transit Ltd. in Singapore; and Ricardo and Danish firm PantoInspect will bring PanMon pantograph monitoring technology to railroads across North America and Latin America.
