The Greenbrier Co., Inc., Lake Oswego, Ore., and Watco Co., LLC, Pittsburg, Kan., announced 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.