FreightCar America, Inc., incorporated on March 15, 2005, is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars. The Company manufactures aluminum-bodied railcars, including coal cars. The Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company's railcar manufacturing facilities are located in Cherokee, Alabama (Shoals), Danville, Illinois and Roanoke, Virginia.
The Company also leases freight cars through its JAIX Leasing Company subsidiary. The Company refurbishes and rebuilds railcars, and sells forged, cast and fabricated parts for all of the railcars. The Company's primary customers include railroads, shippers and financial institutions. The Company has delivered approximately 8,980 railcars, including 3,395 coal cars. The Company manufactures a series of stainless steel and hybrid stainless steel, and aluminum AutoFlood and BethGon coal cars designed to serve the Eastern railroads. The Company's coal car product offerings include aluminum-bodied flat-bottom gondola railcars and steel or stainless steel-bodied triple hopper railcars for coal, metallurgical coke and petroleum coke service. The Company's VersaFlood series open-top hopper railcars include steel, stainless steel or hybrid steel and aluminum-bodied designs equipped with three-pocket (transverse gate) or two-pocket (longitudinal gate) discharge door systems with manual, independent or fully automatic door operation. The VersaFlood product series offers flexible design options for transportation of aggregates, sand or minerals. Its covered hopper railcar product offerings consists of a range of cubic foot capacity designs for shipping dry bulk commodities of varying densities, including approximately 3,282 cubic foot covered hopper cars for cement, sand and roofing granules; approximately 4,300 cubic foot covered hopper cars for potash or similar commodities; approximately 5,200 cubic foot and approximately 5,400 cubic foot covered hopper cars for grain and other agricultural products, and 6,250 cubic foot covered hopper cars for plastic pellets. Its intermodal doublestack railcar product offerings include a 40 foot well car, the DynaStack articulated, 5-unit, 40 foot and the DynaStack 3-unit, 53 foot well cars for transportation of international and domestic containers. Its boxcar railcar product offering, featuring double plug doors, galvanized steel roof panels and nailable steel floors, primarily designed for transporting paper products, paper rolls, lumber and wood products and foodstuffs. The Company's aluminum bodied open-top hopper railcar, the AutoFlood, is a five-pocket coal car equipped with a bottom discharge gate mechanism.
The Company's portfolio of railcar types also includes 52 feet and 66 feet mill gondola railcars used to transport steel products and scrap; slab, hot slab and coil steel railcars designed specifically for transportation of steel slabs and coil steel products, respectively; non-intermodal flat railcars and bulkhead flat railcars designed to transport a range of products, including machinery and equipment, steel and structural steel components (including pipe), wood and forest products and other bulk industrial products; woodchip hopper and gondola railcars designed to haul woodchips and municipal waste or other low-density commodities; and a range of non-coal carrying open top hopper railcars designed to carry ballast, iron ore, taconite pellets and other bulk commodities; the AVC Aluminum Vehicle Carrier design used to transport commercial and light vehicles (automobiles and trucks) from assembly plants and ports to rail distribution centers; and the articulated bulk container railcar designed to carry dense bulk products, such as waste products in approximately 20 foot containers. The Company's manufacturing process involves approximately four basic steps, including fabrication, assembly, finishing and inspection.
The Company competes with Trinity Industries, Inc., The Greenbrier Companies, Inc., American Railcar Industries, Inc. and National Steel Car Limited.
2 N Riverside Plz Ste 1250
The company trades on NASDAQ exchange. The company headquarter is located in Illinois, IL. The company was established in the 1901.| Ticker | RAIL |
| Long Name | Freightcar America, Inc. |
| Short Name | Freightcar America |