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Rail News: Railroading Supplier Spotlight

Updates from Railserve, Nomad, Bombardier, Midwest, Timken and Skanska


• Railserve Inc. has acquired inventory and production equipment from Spring Ridge Rail Services of Hughes Springs, Texas, to form a new division that will repair, rebuild and install air brake valves and systems for freight locomotives. Spring Ridge Rail co-owner Johnny Davis will serve as director of the new division, Railserve Air Brake Services. Four additional Spring Ridge employees will join the new division, Railserve officials said in a prepared statement. “The acquisition fills a technical need for Railserve’s fleet of 170 locomotives,” said Railserve Senior Vice President Bobby Ross.

• Nomad Digital has acquired the technology portfolio of Berlin-based research and product development firm Lysatiq GmbH. The acquisition enables Nomad to open a new base for software sales in Berlin, Germany. “This acquisition, and the new German presence it brings … represents our increasing commitment to address the needs of the German rail market,” said Nomad CEO Nigel Wallbridge in a prepared statement.

• Bombardier Transportation’s revenue grew 26 percent to $2.7 billion in the second quarter of its fiscal year, which ended July 31, compared with $2.1 billion in the year-ago period. Free cash flow usage reached $473 million for the quarter compared with $122 million for the same period in the prior fiscal year. The company’ order backlog totaled $33.9 billion on July 31 vs. $33.5 billion on Jan. 31. Bombardier also reported $3.9 billion worth of new orders, representing a book-to-bill ratio of 1.5, compared with $4.3 billion worth of new orders in the year-ago period.

• After testing Midwest Industrial Supply Inc.’s Soil-Sement Engineered Formula® for dust-control capabilities, BNSF Railway Co. selected the firm as an approved vendor, Midwest officials said in a press release. The Class I has introduced new coal-dust mitigation requirements for coal shippers to prevent damage and ballast contamination caused by coal dust. Midwest has developed a year-round, containerized Coal CarTopping System®, which can be installed permanently. The application bar adjusts to match the profile of coal in a rail car and product is protected against freezing with a heated container, Midwest officials said.

• The Timken Co. has named Brian Ruel vice president of rail, effective Oct. 1. He will succeed Roger Lindsay, who plans to retire. Ruel will lead Timken’s rail segment, which provides bearings, seals, gearboxes and repair services for freight, locomotive, passenger tram and high-speed rail customers. Most recently, Ruel served as Timken’s vice president of light vehicle systems. He joined the company in 1984.

• Rich Aquino has joined Skanska USA’s civil business unit as vice president of business development. Aquino has more than 36 years of business development experience in the engineering, construction and energy markets. Prior to joining the company, Aquino spent three years at URS Corp. as vice president and general manager, and three years at Washington Group International as vice president.

Contact Progressive Railroading editorial staff.

More News from 8/31/2011