Loram to acquire GREX
Loram Maintenance of Way, Inc., and Georgetown Rail Equipment Company (GREX) have completed a definitive merger agreement where Loram will acquire all outstanding shares of privately-held GREX.
Loram Maintenance of Way, Inc., and Georgetown Rail Equipment Company (GREX) have completed a definitive merger agreement where Loram will acquire all outstanding shares of privately-held GREX.
Loram Maintenance of Way, Inc. has appointed Katie Hadenfeldt Vice President Sales & Marketing, with responsibility for all aspects of LORAM’S contract services sales and marketing efforts, along with all new and existing product development initiatives.
Making the rail renewal process safer and simpler is a top priority among equipment manufacturers and contractors.
Suppliers continue their R&D efforts to provide improved ballast maintenance solutions.
Suppliers are implementing technology advancements that ensure friction management isn’t a drag.
Rail grinding service providers offer profile correction, modification, and restoration.
Loram Maintenance of Way, Inc. on Sept. 4, 2014 announced it has acquired a majority stake in Railway Vehicle Engineering Ltd. (RVEL), based in Derby, United Kingdom.
The USA Pavilion at last month’s Business on Rails (NT Expo) trade show in São Paulo, Brazil, co-hosted by Railway Engineering-Maintenance Suppliers Association (REMSA) and The Railway Supply Institute (RSI), “was such a success that more exhibit space has been reserved for next year’s NT Expo,” representatives said Wednesday, Dec. 4, 2013.