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Rail News: M&A

Steelhead acquires R-Mac Sales and Leasing

Steelhead Corp. recently acquired R-Mac Sales and Leasing L.L.C., which provides asset preservation technologies to the rail industry.

Steelhead will rename the firm Encore Rail Systems Inc. and has appointed former R-Mac Vice President of Operations Doug Delmonico president of Encore.

The company will have production facilities in Chicago and Broomfield, Colo.

Steelhead is a holding company and managing parent of light manufacturing and service businesses serving the rail and HVAC industries.

Contact Progressive Railroading editorial staff.

More News from 4/20/2007