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News about FreightCar America
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- FreightCar America Advances Aftermarket Growth Strategy with Third Acquisition in Less Than a Year
FreightCar America (NASDAQ: RAIL) has completed its acquisition of Trinity Equipment Company (TEC), a Michigan-based supplier of OEM and replacement railcar components and industrial fastening solutions, marking its third acquisition in less than a year. The deal broadens the product range, customer relationships and distribution capabilities of FreightCar America's aftermarket business, creating opportunities to grow sales with new and existing customers. The company expects the transaction to be immediately accretive.
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