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Rail News: Railroading Supplier Spotlight

Rail supplier news from Savage, Trinity, ENSCO and HNTB (May 17)


Savage Cos. and grain and milling firm Bartlett and Co. yesterday announced plans to merge their businesses to form a new combined entity known as Savage Enterprises. The new venture will be a "single-source provider" of supply chain and industrial services, company officials said in a joint press release. The merger is expected to be completed in August. Transaction terms were not disclosed.

Trinity Industries Inc. has unveiled details for its new infrastructure spinoff company, Arcosa Inc. Announced earlier this year, the spinoff remains on track to be completed in the fourth quarter. Arcosa and Trinity will function as two independent, publicly traded companies. Arcosa manufacture infrastructure-related products for the construction, energy and transportation markets. After the spinoff is completed, Trinity's business portfolio will include rail-car leasing and management services, rail-car manufacturing, rail-car maintenance, rail-car aftermarket parts, tank car heads manufacturing and highway products.

ENSCO Inc. has elected Steven Nixon to its board. He currently serves as vice president for strategic development at Stratolaunch Systems Corp. In that role, Nixon leads strategy, government affairs, business development, marketing and communication activities. He previously served as strategy consultant and former chief technology officer of the United States Intelligence Community.

HNTB Corp. hired Vincent Gallagher as senior program manager in the firm's national program and construction management practice for transit and rail. He'll also serve as senior vice president. Based in Philadelphia, Gallagher will support the firm's program management growth by helping U.S. transit systems identify and access federal funding to modernize and expand services. Gallagher has 40 years of project management experience with another consulting firm and has led projects with the Federal Transit Administration, Federal Railroad Administration and Amtrak.

Contact Progressive Railroading editorial staff.

More News from 5/17/2018