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SRC was established in 1983 when 13 employees of International Harvester purchased a part of that company that rebuilt truck engines, [3] with $100,000 of their own money and $8.9 million in loans, with the goal of saving 119 jobs. [4]
By mid-century, under the leadership of Richard L. Duchossois, the company focused on building specialized freight cars, such as high-cube boxcars for auto parts, all-door boxcars for building products, gondolas, rotary-dump gondolas for coal, bulkhead flatcars and centerbeam flatcars for lumber, double-stack container cars, covered hoppers ...
Dollar Thrifty Automotive Group's first president and CEO, Joseph E. Cappy, was the final president and CEO of American Motors Corporation. He came to Chrysler in 1987 after it purchased AMC and was put in charge of Chrysler's car rental subsidiaries in 1993 as part of a corporate reshuffling following the retirement of Lee Iacocca .
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SHANGHAI/BERLIN (Reuters) -Mercedes-Benz is betting on China's Momenta to help it win back market share in the world's biggest auto market, with plans for fresh investment and at least four future ...
In November 2018, the company’s Energy Equipment Group, Trinity Containers, spun off and formed Arcosa Inc. (NYSE - ACA). [12] [13] Trinity sold off Trinity Highway Products, LLC in November 2021 to private equity firm Monomoy Capital in a $375 million cash deal. [14] The company purchased Montreal, Quebec-based Holden America in December ...
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