July 24, 2017 9:34 AM ET


Company Overview of Union Tank Car Company

Company Overview

Union Tank Car Company engages in the manufacture, sale, and lease of tank/rail cars. It provides hopper cars to companies for the shipment of plastic pellets, flakes, and resins. The company also offers repairs, paints, and interior coatings services through repair facilities, interior coating and rubber lining facilities, mini-shops, and mobile repair stations in the United States and Canada. Union Tank Car Company was formerly known as Union Tank Line Company. The company was founded in 1891 and is based in Chicago, Illinois. It has regional sales office locations in Illinois, Georgia, Pennsylvania, and Texas. Union Tank Car Company operates as a subsidiary of UTLX Company.

175 West Jackson Boulevard

Chicago, IL 60604

United States

Founded in 1891

6,140 Employees





Key Executives for Union Tank Car Company

Chief Executive Officer, President and Director
Age: 67
Principal Financial Officer, Principal Accounting Officer & VP
Age: 63
Director, Chief Executive Officer of Marmon Holdings, Inc. and President of Marmon Holdings, Inc.
Age: 73
President of Marmon Distribution Services LLC
Age: 72
Secretary, General Counsel & Director
Age: 78
Compensation as of Fiscal Year 2017.

Union Tank Car Company Key Developments

Union Tank Car Co. Plans to Lay Off Third of the Staff at its Facility in Northeast Houston

Union Tank Car Co. has notified Texas officials of plans to lay off a third of the staff at its facility in northeast Houston. It will permanently cut 106 jobs starting Jan. 20, 2016. The company will retain 218 jobs at the yard, at 16923 Beaumont Highway.

Union Tank Car Co. to Cut 230 Jobs in Eastern Houston

Union Tank Car Co. will cut 230 jobs in eastern Houston due to the Chicago-based company reducing production by about half. The jobs are expected to be cut on or within 14 days of June 10, the company announced in a letter to the Texas Workforce Commission. The facility, at 16923 Old Beaumont Highway 90, is expected to employ 323 people once the cuts are complete. The Worker Adjustment and Retraining Notification letter to the TWC does not include specific information about why the company is cutting the jobs.

Asheville Law Firm and Kentucky Law Firm Proposes Class-Action Lawsuit Against CSX Transportation, Inc. and Union Tank Car Co

A month after a train derailment in Maryville forced mass evacuations and sent nearly 100 people to the hospital, the race is on for class-action status in the looming legal battle over damages. Two proposed class-action lawsuits were filed this week in U.S. District Court against CSX Transportation, Inc., and Union Tank Car Co. in the July derailment. A broken axle on a single CSX rail car hauling 24,000 gallons of a toxic chemical derailed a 57-car train, causing a fire that burned for 19 hours and sent a poisonous plume of smoke into the sky, authorities said. Some 5,000 people in a two-mile radius were forced to evacuate. At least 87 people had to be treated, with 36 admitted to the hospital, and 10 first-responders also required treatment from the noxious smoke. A fish kill was later reported, and area wells tested. CSX picked up the tab for the evacuations, hospital bills, ongoing testing and the emergency response. But such environmental disasters inevitably lead to proposed class-action litigation seeking millions to be doled out among the members of the class, sans proof of actual damages for each one, and big fees for the lead law firms. An Asheville, N.C., law firm and a Kentucky law firm, with assistance by Knoxville attorney Douglas Nichol, both have filed proposed class-action lawsuits this week. They are carbon copies of each other, with minor differences in legal theories. Both seek to certify as class members any Maryville residents living within the two-mile mandatory evacuation zone. The Asheville firm has lined up four representative class members — Charles Tipton, Billy Tipton and Travis and Elizabeth Pruett. The Kentucky firm lists Dedra Jones, Tracy Lea Milani and Sara Kathy Headrick as lead class members. The North Carolina firm proposes a minimum of $5 million in damages. The Kentucky firm hasn’t attached a damage figure yet. Each lawsuit blames CSX and Union Tank, which manufactured the rail car, for causing ‘property damages, aggravation and inconvenience, fear, anxiety and mental anguish’ to the evacuees. It will be up to a federal judge to decide if class-action status is legally appropriate. If a judge refuses, each citizen impacted by the disaster would be forced to file individual lawsuits and prove actual damages. Neither CSX or Union have had time to file notice of whether they will resist class-action status. The rail car was carrying a chemical, acrylonitrile, used in the manufacture of plastics. It is considered carcinogenic, and exposure can burn the skin, inflame the lining of the lungs, throat and nose, and cause headaches, nausea and dizziness. Cyanide is a byproduct of burning acrylonitrile.

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