Quantcast

Latest L.B. Foster Company Stories

2011-03-15 15:36:00

PITTSBURGH, March 15, 2011 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) announced today that its Board of Directors has authorized a $0.025 per share quarterly cash dividend on its issued and outstanding shares of common stock, payable April 4, 2011 to shareholders of record at the close of business on March 25, 2011. There are currently approximately 10.3 million shares outstanding. L.B. Foster's Chairman of the Board of Directors, Mr. Lee Foster commented, "The Board is very...

2011-03-03 08:42:00

PITTSBURGH, March 3, 2011 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA is supplying 1,553 tons of new rail to Iowa Interstate Railroad, LTD (IAIS) for new track installation and spur improvements. A specially-equipped L.B. Foster work train will deliver approximately 80,000 linear feet of 115# standard continuous welded rail (CWR) in May 2011 to an Iowa Interstate interchange. (Logo: http://photos.prnewswire.com/prnh/20101222/MM21387LOGO ) The rail is...

2011-02-28 13:28:00

PITTSBURGH, Feb. 28, 2011 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA announced that its Birmingham, Alabama steel line pipe coating facility has achieved one million man hours without a Lost Time Accident. No work-related injury or illness has prevented employees from fulfilling scheduled work shifts since March 26, 2001. "Our Birmingham team has achieved an incredible accomplishment by maintaining 10 successful years of proactive safety in their work...

2011-02-24 06:51:00

PITTSBURGH, Feb. 24, 2011 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR), a leading manufacturer, fabricator, and distributor of products and services for rail, construction, energy and utility markets, today reported that 2010 fourth quarter net income increased by 59.5% to $6.2 million or $0.60 per diluted share, compared to $3.9 million or $0.38 per diluted share in the fourth quarter of 2009. Included in the fourth quarter 2010 results was a $1.4 million gain ($0.08 per diluted...

2011-02-15 15:03:00

PITTSBURGH, Feb. 15, 2011 /PRNewswire/ -- Pittsburgh-based L.B. Foster Company (Nasdaq: FSTR) announced today that CXT® Inc.'s (L.B. Foster's wholly owned subsidiary and herein "L.B. Foster") Grand Island manufacturing plant will be closed. (Logo: http://photos.prnewswire.com/prnh/20101222/MM21387LOGO ) According to Stan Hasselbusch, President and CEO, "The contract that we have with our key customer at this facility, the Union Pacific Railroad, expired on December 31,...

2011-02-10 15:17:00

PITTSBURGH, Feb. 10, 2011 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) today announced that it will broadcast a conference call to discuss its fourth quarter 2010 operating results on Thursday, February 24, 2011 at 11:00 am Eastern Time. The Company plans to release its results that same day before the market opens. The release for the Company's fourth quarter operating results is later than previous years due solely to the late fourth quarter 2010 acquisition of Portec Rail...

2011-02-03 09:44:00

PITTSBURGH, Feb. 3, 2011 /PRNewswire/ -- Pittsburgh, PA-based L.B. Foster Company (Nasdaq: FSTR) has received a $13 million award from general contractor American Bridge Company, headquartered in Coraopolis, PA, to supply steel grid decking and galvanized drainage grating for the Walt Whitman Bridge Suspension Span & Anchorages Project. "The bridge's original roadway will be replaced with L.B. Foster's custom engineered steel grid decking. This innovative technology will help enhance...

2011-01-27 12:00:00

PITTSBURGH, Jan. 27, 2011 /PRNewswire/ -- Pittsburgh, PA-based L.B. Foster Company (Nasdaq: FSTR) was awarded a contract by Cedar Rapids and Iowa City Railway (CRANDIC) to provide approximately 1,000 tons of 115# standard rail for the upgrade of aging track, and for the construction of a new 10,000-ft siding for a unit train interchange. An L.B. Foster weld train will deliver 54,450 linear feet of continuous welded rail (CWR) in February 2011 for track rehabilitation as required for the...

2010-12-29 14:49:00

PITTSBURGH, Dec. 29, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced that the merger of Foster Thomas Company with and into Portec Rail Products, Inc. ("Portec") has been effected as of December 27, 2010. Portec is now a wholly owned subsidiary of L.B. Foster. As of the close of trading on December 29, 2010, Portec's common stock will no longer be traded on the NASDAQ Stock Exchange. About Portec Rail Products, Inc. Established in 1906,...

2010-12-23 09:56:00

PITTSBURGH, Dec. 23, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) today announced the closing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings Inc. ("Koppers", NYSE: KOP). Koppers will purchase the assets of Portec's rail joint business primarily located at Portec's Huntington, WV Plant. Revenues for this business in 2010 are estimated at...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'