FreightCar America Acquires Southern Parts & Equipment; Financial Terms Not Disclosed
Benzinga Newsdesk 3 months ago
M&A
FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that it
FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that it has completed the acquisition of Southern Parts & Equipment, Inc. ("SP&E"), a longstanding distributor of new, used and reconditioned railcar parts and equipment. The transaction marks the Company’s second acquisition in the railcar aftermarket space within the past year.