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Rail News: Railroading Supplier Spotlight

Rail supplier news from Encore, GE, Stella-Jones and Appalachian Railcar (Oct. 3)

Encore Rail Systems announced that it has moved into a new 40,000-square-foot headquarters in Broomfield, Colorado.
Photo – Encore Rail Systems


Encore Rail Systems has moved into a new headquarters in Broomfield, Colorado. The 40,000-square-foot facility includes dedicated areas for equipment maintenance, product and equipment testing, sales and services offices, and space for staff meetings, according to a company press release. The larger headquarters addresses the company's increased need for space to service equipment, stock more inventory, and perform product and equipment testing, said Encore Vice President and General Manager Greg Spilker.

General Electric has selected H. Lawrence Culp to replace John Flannery as chairman and chief executive officer. Flannery was appointed to the position in August 2017. The news comes as GE continues to downsize and sell off its assets. Culp previously served as CEO and president of Danaher Corp., where he led a "successful transformation of the company from an industrial manufacturer into a leading science and technology company," GE officials said in a news release.

Stella-Jones Inc. has appointed Katherine Lehman chair. She has served on the company's board and audit committee since 2016. Lehman is managing partner at Hilltop Private Capital LLC, a private equity firm in New York City. Meanwhile, Stella-Jones' board has established a governance and nomination committee to oversee and implement compliance with corporate governance rules, principals and policies.

Appalachian Railcar Services LLC (ARS) has appointed Sean Kelly chief commercial officer. He'll lead sales and business development across all units. Before joining ARS, Kelly was director of sales at CSX, where he led the sales team to year-over-year revenue growth, according to an ARS press release. He also served as senior account manager of chemicals for CSX.

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More News from 10/3/2018