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Rail News: Mechanical

Greenbrier's rail-car backlog a boon to Gunderson plant's production


The Greenbrier Cos.' rail-car backlog is holding steady at a healthy clip — healthy enough to help sustain production at the car builder's Gunderson plant in Portland, Ore., though 2005.

As of July 31, Greenbrier's North American and European backlog stood at 14,300 units valued at $820 million compared with the same number of units as of June 30 and 9,700 units valued at $600 million as of May 31.

The Gunderson plant will build 600 of 1,100 double-stack intermodal platforms recently ordered by TTX Co., Greenbrier officials said in a prepared statement.

Greenbrier builds rail cars in the United States, Canada and Mexico, and repairs and refurbishes cars and wheels at 13 North American facilities. The company also owns about 11,000 cars and produces rail castings through an unconsolidated joint venture.

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More News from 8/16/2004