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Latest L.B. Foster Company Stories

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,...

2010-10-26 07:12:00

PITTSBURGH, Oct. 26 /PRNewswire-FirstCall/ -- 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 third quarter net income increased by 6.0% to $6.5 million or $0.63 per diluted share, compared to $6.1 million or $0.60 per diluted share in the third quarter of 2009. The prior year third quarter results included a pretax gain on the sale of marketable...

2010-10-19 15:36:00

PITTSBURGH, Oct. 19 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR) today announced that it will broadcast a conference call to discuss its third quarter 2010 operating results on Tuesday, October 26, 2010 at 11:00 am Eastern Time. The Company plans to release its results that same day before the market opens. The call will be hosted by Mr. Stan Hasselbusch, President and Chief Executive Officer. You are invited to listen to our presentation live over the internet by...

2010-09-28 10:32:00

PITTSBURGH, Sept. 28 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA is providing new roadway decking and bridge railing for the Brooklyn and Manhattan approach ramps to the famed Brooklyn Bridge. The $10 million contract will include more than 170,000 square feet of steel grid deck and 13,000 linear feet of steel railing. These fabricated materials are being manufactured at L.B. Foster's Bedford, PA facility and expect to complete shipments by the end of 2011. The...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.