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FreightCar America
FreightCar America is a manufacturer of freight cars for the railway industry, headquartered in the United States but manufacturing in Mexico. History The company began operations in 1901, and is headquartered in Chicago, Illinois. It is engaged in the business of building, repairing, and leasing freight cars, largely for the transportation of bulk materials like coal, metals, wood products, and automobiles. In addition to the freight cars it constructs, the company also manufactures parts for use in cars built by other companies. It formerly owned four American factories—one in Johnstown, Pennsylvania,one in Danville, Illinois, one in Cherokee, Alabama and one in Roanoke, Virginia. The facility in Roanoke was closed in 2009 due to weak economic conditions, but it was announced on 21 February 2011, that it would reopen after an order for 1,500 coal cars from the Norfolk Southern Railway. In 2008, the company produced 10,349 freight cars, but its output decreased to 3,377 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
