Headquartered in the USA is a 30-year-old railroad materials supplier of railroad track products that distributes products such as casting parts to the North American and global rail industry. The firm holds Association of American Railroads (AAR) M-1003 and ISO 9001 certifications.
Major customer base includes, railway infrastructure system suppliers serving freight and passenger rail such as A. Stucki, Burlington Northern Sante Fe, Canadian Pacific, New York City Transit, Narstco, Progress Rail, Atlantic Track, Omega Industries, and Nortrak.
New ownership should be versed in Chinese Business Practice, as the primary supplier is based in Hunan Province, China; the relationship spans 30 years with a 49% stake hold in the Company. The current owner wishes to work in a negotiated capacity alongside the new ownership for at least two years.
