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American Industrial Transport, a business formerly known as American Railcar Industries, is a specialist in railcar leasing and repair, [2] headquartered in Saint Charles, Missouri. AITX, both the name and primary railcar mark, leases railcars in the covered hopper and specialized tank car markets.
SP then designed the first car with ACF Industries that same year. [14] [15] 1984: ACF is purchased by Carl Icahn. 1988: Spin-off company American Railcar Industries (ARI) is founded. [16] 1997: ACF reaches a leasing agreement with GE Capital Railcar for 35,000 of its 46,000 railcars, mostly on 16-year leases with optional purchase agreements ...
Also in 2019, Greenbrier acquired American Railcar Industries (ARI), a transaction valued at $400 million. [29] The acquisition added two railcar manufacturing and two railcar component and part producers to Greenbrier's operations, increasing the company's U.S.-based workforce and insulating it from uncertainties related to North American free ...
In a filing with the SEC this morning, Carl Icahn-owned American Railcar Industries Inc. (NASDAQ: ARII) revealed that it has had "conversations" with The Greenbrier Companies (NYSE: GBX) that ...
Last week American Railcar Industries released an impressive set of results. The company has been riding the U.S. oil-by-rail boom, and a combination of higher leasing revenues and rising demand ...
There's no foolproof way to know the future for American Railcar Industries (NAS: ARII) or any other company. However, certain clues may help you see potential stumbles before they happen -- and ...
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On 18 February 2010, US Railcar announced that it had formed a joint venture with American Railcar Industries, dubbed US Railcar Company LLC, to better "design, manufacture, and sell Diesel Multiple Units." [1] On 19 November 2010, however, the two companies announced the dissolution of the venture, citing "current market conditions" [4] as the ...