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Last updated on April 16, 2014 at 13:13 EDT

Latest L.B. Foster Company Stories

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...

2010-12-22 18:10:00

PITTSBURGH, Dec. 22, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced the expiration of the subsequent offering period offered by its wholly-owned subsidiary, Foster Thomas Company, for its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX). The subsequent offering period expired at 5:00 p.m., New York City time, on December 21, 2010. As of the subsequent offering period's...

2010-12-22 14:00:00

FORT WAYNE, Ind., Dec. 22, 2010 /PRNewswire/ -- Steel Dynamics, Inc. (Nasdaq: STLD) today announced that its Structural and Rail Division at Columbia City, Indiana, is supplying 28,500 net tons of Continuous Welded Rail (CWR) to its strategic rail distributor, Pittsburgh-based L.B. Foster Company, for installation on the New England Central Railroad (NECR), an operating subsidiary of RailAmerica, Inc. L.B. Foster will be delivering the new rail to Vermont for use in New England Central's...

2010-12-22 12:52:00

PITTSBURGH, Dec. 22, 2010 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has begun delivering 28,500 tons of 115# standard continuous welded rail (CWR) to New England Central Railroad (NECR), an operating subsidiary of RailAmerica, Inc. for upgrading approximately 140 miles of track. L.B. Foster's specially-equipped CWR trains will complete 18 shipments of welded rail by mid-2011 for installation at various locations throughout Vermont. The track improvements are...

2010-12-21 17:03:00

PITTSBURGH, Dec. 21, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced that its wholly-owned subsidiary, Foster Thomas Company, has extended its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX), until 5:00 p.m., New York City time, on December 22, 2010. The tender offer was previously set to expire at 5:00 p.m., New York City Time on December 21, 2010. As of December 21,...

2010-12-15 18:33:00

PITTSBURGH, Dec. 15, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster") (Nasdaq: FSTR) today announced that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster's direct wholly-owned subsidiary, Foster Thomas Company, has completed its cash tender offer for Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX). The tender offer for all of the outstanding shares of Portec expired at 5:00 p.m., New...

2010-12-14 14:11:00

PITTSBURGH, Dec. 14, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster") (Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX) today announced that the Department of Justice ("DOJ") has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster's acquisition of Portec and the sale of certain assets related to Portec's rail joint business primarily located at Portec's Huntington, WV plant. The DOJ has...

2010-12-09 17:42:00

PITTSBURGH, Dec. 9, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) , announce the signing 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...

2010-11-15 15:20:00

PITTSBURGH, Nov. 15, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced that it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 5:00 p.m., New York City time, on December 15, 2010. The tender offer was previously set to expire at midnight, New York City Time on November 15, 2010. As of November 12,...