Greenbrier acquires American Railcar Industries’ manufacturing business
The combination provides Greenbrier a more complete product offering in tank cars and covered hoppers.
The Greenbrier Cos., Inc., Lake Oswego, Ore., acquired the manufacturing business of American Railcar Industries (ARI), St. Charles, Mo., from ITE Management LP, New York. These operations will be fully incorporated into Greenbrier's North American business model both from a manufacturing and commercial perspective.
Greenbrier's U.S. workforce totals approximately 4,000 people, including nearly 1,600 U.S. workers joining from ARI. Prior to the acquisition, Greenbrier's U.S. employment included manufacturing and corporate jobs in Oregon and employees located throughout the nation in leasing and services as well as wheels, repair and parts. Greenbrier adds two railcar manufacturing facilities in Paragould and Marmaduke, Ark., as well as manufacturing and administrative employees in St. Charles. It also adds other operations in Jackson and Kennet, Mo., and Longview, Texas, which produce a range of railcar components and parts. In addition, the newly-added operations provide Greenbrier domestic capacity that insulates it from uncertainties related to free trade in North America.