Amsted Rail is Planning the Reopening of Its Bessemer, Alabama Wheel Facility
Business Wire- 12/7/2010 12:30:00 PM EST
Amsted Rail is Planning the Reopening of Its Bessemer, Alabama Wheel
( BW)(IL-AMSTED-RAIL-COMPANY)(.) Amsted Rail is Planning the Reopening of Its Bessemer, Alabama Wheel
Amsted Rail officials are considering reopening their Alabama wheel
manufacturing facility in Jefferson County. The company has recently
held discussions with representatives from Birmingham Business Alliance,
Alabama Development Office, Jefferson County Commission, Jefferson
County Economic Industrial Development Authority, Birmingham Industrial
Development Board, and the City of Birmingham in an effort to resume
manufacturing, which was suspended in 2001.
“The market for railroad wheels in North America has always been
cyclical but we are committed to being prepared for the anticipated
upturn in demand stemming from projected increases in new freight car
builds and rail traffic volumes over the next few years,” said Mr. John
Wories, President of Amsted Rail.
“This commitment towards increasing our capacity would ensure that
Amsted Rail is prepared to support our long term strategic customers as
business volumes return,” said Mr. William O’Donnell, Senior Vice
President of Sales and Marketing, for Amsted Rail.
Pending successful completion of negotiations with local economic
development authorities, the facility would be upgraded with the latest
technology and made available for production when the market returns. If
activated, the plant would provide jobs for hundreds of employees
located in the Birmingham area providing both direct and indirect
support of the facilities.
About Amsted Rail Company, Inc.
Amsted Rail Company is the world’s leading manufacturer of undercarriage
rail car components for heavy haul freight rail cars. The company
focuses on providing complete system solutions, such as: rail car truck
& braking systems (trucks/bogies, wheels, bearings, axles, hand brakes,
slack adjusters, empty/load devices, truck mounted brakes, brake
cylinders, truck mounted brake rigging) and end of car energy management
systems (couplers, yokes, draft gears, cast draft sills, cushioning
units) for heavy haul railways around the world. In addition, Amsted
Rail Company provides rail fastening solutions and asset monitoring (GPS
& Condition Based Monitoring) solutions for transit and heavy haul rail. www.amstedrail.com
Amsted Rail Company, Inc.
Brad A. Myers, Vice President – Marketing
KEYWORDS: United States North America Alabama Illinois
INDUSTRY KEYWORDS: Transport Rail Other Transport Manufacturing Engineering Steel Other Manufacturing
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