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Last $11.55 USD
Change Today -0.09 / -0.77%
Volume 7.4K
FSTR On Other Exchanges
As of 11:37 AM 02/10/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

415 Holiday Drive

Pittsburgh, PA 15220

United States

Phone: 412-928-3400


L.B. Foster Company operates as a manufacturer, fabricator, and distributor of products and services for the rail, construction, energy and utility markets. Segments The company classifies its activities into three business segments: Rail Products, Construction Products, and Tubular Products. Rail Products segment This segment includes various manufacturing and distribution businesses that provide various products for railroads, transit authorities, industrial companies, and mining applications throughout North America and Europe. This segment has sales offices throughout the United States, Canada, and Europe; and frequently bids on rail projects where it could offer products manufactured by the company or sourced from various suppliers. These products might be provided as a package to rail lines, transit authorities, and construction contractors, which reduces the customer’s procurement efforts and provides value added, just in time delivery. This segment includes various business units, such as Rail Manufacturing and Distribution, Rail Technologies (L.B. Foster Rail Technologies, Corp.), and Pre-Stressed CXT Concrete Tie Products. Rail Manufacturing and Distribution The Rail Manufacturing and Distribution business sells heavy and light new rail primarily to transit authorities, industrial companies, and rail contractors for railroad sidings, plant trackage, and other carrier and material handling applications. Rail accessories include trackwork, track spikes, bolts, angle bars, and other products required to install or maintain rail lines. These products are sold to railroads, rail contractors, industrial customers, and transit agencies and are manufactured by the company or purchased from other manufacturers. The company’s Allegheny Rail Products division engineers and markets insulated rail joints and related accessories for the railroad and mass transit industries. The company’s Transit Products division supplies power rail, direct fixation fasteners, coverboards, and special accessories primarily for mass transit systems. Majority of these products are manufactured by subcontractors and are sold by sealed bid to transit authorities or to rail contractors worldwide. The company’s Trackwork division sells trackwork for industrial and export markets. Rail Technologies Rail Technologies engineers, manufactures, and assembles friction management products, railway wayside data collection and management systems, and related products. It also engineers and manufactures stick friction modifiers and related application systems. The company’s friction management products control the friction at the rail/wheel interface, helping to lower fuel usage and improve train-operating efficiency, extend the life of operating assets, such as rail and wheels, reduce track stresses, and lower related maintenance and operating costs for customers. Friction management products include mobile and wayside application systems that distribute lubricants and solid and liquid friction modifiers. Friction management products are designed, engineered, manufactured, and assembled in the United States and by certain wholly-owned subsidiaries located in Burnaby, British Columbia, Canada; Sheffield, the United Kingdom; and Dusseldorf, Germany. The Rail Technology business also manufactures various track component products at its manufacturing facilities in St. Jean, Quebec, Canada and the United Kingdom. In Canada, these products primarily include rail anchors and rail spikes, which are products that are used to secure rails to wooden ties to restrain the movement of the rail. These products are sold primarily to the Canadian railroads, with some products exported to the United States and to other international customers. In the United Kingdom, the company designs and manufactures a line of rail joints, including epoxy insulated rail joints and nylon-encapsulated insulated joints, and also distributes a line of track fasteners to the United Kingdom railways and to other international customers. The company’s 2014 acquisition of the railroad tuning unit, FWO, a business of Balfour Beatty Rail GmbH improves the company’s o


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