Western Railroad Discussion > Greenbrier, Watco: crude tank car update

Rail car builder Greenbrier and short line operator Watco have announced plans to operate 14 facilities intended to upgrade railroad tank cars. Additional locations will continue to service other types of rail cars for certfed work.

>>a new company that will create a world-class network of railcar repair shops. The 50/50 joint venture forms GBW Railcar Services, LLC (GBW), which will own and operate Greenbrier's and Watco's respective railcar repair, refurbishment and maintenance businesses.

GBW will have the scale to meet the certification and maintenance requirements of the growing North American tank car fleet and expand railcar repair service offerings for general freight cars of nearly all types.<<

more:

http://seekingalpha.com/pr/10114543-greenbrier-and-watco-announce-railcar-repair-joint-venture-gbw-railcar-services