Lake Oswego’s Greenbrier announces order of 14,100 railcars


The total haul is expected to approximate $1.25 billion of new orders.

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The total haul is expected to approximate $1.25 billion of new orders.

Greenbrier Cos. Inc. (NYSE: GBX) made the announcement as it detailed the myriad cars it’s shipping. Those cars include rail units that ship sand and cement, boxcars, double-stack intermodal units.

“Our strategy to diversify our product mix continues to pay off, with nearly two-thirds of the orders received being non-energy related,” said Bill Furman, Greenbrier’s chairman and CEO, in a release. “We are well-positioned to meet this broad-based demand with our efficient, flexible and lower-cost facilities. Greenbrier’s business has never been better balanced than it is now.”

Read more at the Portland Business Journal.




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