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L.B. Foster Completing $9 Million Hampton Roads Transit Contract

September 15, 2009

PITTSBURGH, Sept. 15 /PRNewswire-FirstCall/ — L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA is delivering the final shipment of rail products in September under a $9 million contract with Skanska USA Civil Southeast for use in the construction of The Tide Light Rail System in Norfolk, VA. Hampton Roads Transit, the regional transportation agency, is building the new 7.4 mile light-rail line linking the Eastern Virginia Medical Center, downtown Norfolk and Interstate 264.

L.B. Foster has provided new rail, relay rail, insulated rail joints, direct fixation fasteners and trackwork for the new rail link. “L.B. Foster was chosen by contractor Skanska USA because we were able to deliver the complete scope of product requirements and project management for a large transit project such as The Tide,” noted Greg Lippard, Vice President within the Rail Products Group of L.B. Foster Company. “L.B. Foster’s long history of successful customer and vendor relationships helped to secure this important project contract,” said Rick Kilpatrick, L.B. Foster’s Northeast District Manager.

The Tide Light Rail System is scheduled to begin service along Norfolk’s east/west transportation corridor in 2010.

About L.B. Foster Company

L.B. Foster Company is a leading manufacturer, fabricator and distributor of products for rail, construction, utility and energy industries. The Rail Products Group of L.B. Foster Company markets new rail and accessories, used rail (relay rail), crane rail, direct fixation fastener systems, conductor rail systems, rail boot systems, two-block tie systems, insulated rail joints, rail lubrication systems, trackwork materials, rapid response/emergency track panels and experienced professional rail project management services nationwide.

Website: www.lbfoster.com

    L.B. Foster Company Sales and Media Contacts:

    Rick Kilpatrick, Northeast District Manager, L.B. Foster Rail Group
    610-266-1763 rkilpatrick@lbfosterco.com

    Jake Fuellhart, L.B. Foster Marketing Communications Manager
    412.928.5645 jfuellhart@lbfosterco.com

SOURCE L.B. Foster Company


Source: newswire



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