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Latest L.B. Foster Company Stories

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...

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...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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