Trading on the NASDAQ, FreightCar America manufactures railroad freight cars with a specific expertise in coal-carrying rail cars. The company has corporate headquarters in Chicago, Illinois, and is the largest North American manufacturer of aluminum cars for moving coal. FreightCar America also has manufacturing facilities in Danville, Illinois, and Roanoke, Virginia.
Along with aluminum rail cars, the company manufactures steel and stainless steel coal cars. Their aluminum BethGon® II rail car is a 42,000-pound lightweight, which enables it to carry a 244,000-pound payload. This rail car has a patented longitudinal, double tub floor design, which carries an extra 36,000 pounds of coal compared to traditional gondola designs. The BethGon® II offers a stable ride, reduced wear, and enables companies to reduce maintenance costs.
FreightCar America also designs and manufactures bulk commodity cars, flat cars, mill gondola cars, intermodal cars, coil steel cars, and motor vehicle carriers. Their rich history of hopper car manufacturing, starting out with a heavy-duty car to haul heavy-duty loads, continues the tradition today by producing railcars that move heavy loads for ore and aggregate operations.
The company produces their FleXibeam™ Hybrid Center Beam Car for hauling forest and steel products. They also manufacture a woodchip rail car by applying their BethGon twin tub design to a gondola. This design provides increased payload hauling capacity.
FreightCar’s newest production efforts include articulated intermodal double-stack railcars. These are for the movement of containerized goods in a fuel-efficient manner. They are also building auto racks for use in the efficient transportation of light vehicles. On top of all that, the company also provides parts and components to support their various rail customers.
FreightCar America Inc. continues to operate with their rich heritage in mind. Their focus is the delivery of on-time, high-quality, and affordable railcar solutions. They constantly work to provide the greatest value to their customers’ and the best return on investment for their shareholders.
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