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FreightCar America, Inc. Leases Railcar Manufacturing Capacity

Business Wire
Wednesday, 20 February 2013

FreightCar America, Inc. Leases Railcar Manufacturing CapacityCHICAGO--(BUSINESS WIRE)--FreightCar America, Inc. (NASDAQ: RAIL) today announced that it has sub-leased approximately 25% of Navistar, Inc.’s Cherokee, Alabama manufacturing facility. Opened in 2008 and located in the Shoals region of Alabama, the state-of-the-art production facility was designed to efficiently build a wide variety of railcar types. FreightCar is preparing the Shoals facility for operation, with the first deliveries of new railcars expected in the second half of 2013. When full

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