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Rail News Home Railroading Supplier Spotlight

10/31/2017



Rail News: Railroading Supplier Spotlight

Rail supplier news from Granite, ARI, GATX, HNTB and Lewis Bolt; and in memoriam: Michael Perlman (Oct. 31)


Granite Construction received a contract to work on Sound Transit's future light-rail operations facility in Bellevue, Washington.
Photo – Granite Construction's Twitter account

Hensel Phelps Construction Co. awarded a $28 million design-build subcontract to Granite Construction Inc. to work on Sound Transit's planned light-rail operations and maintenance facility in Bellevue, Washington. Granite's scope of work includes site demolition, site grading, utilities installation, pedestrian-trail construction and asphalt paving. Construction is scheduled to begin in late 2017 and will wrap up by late 2020. The facility will provide storage and maintenance for 96 light-rail vehicles.

American Railcar Industries Inc. (ARI) reported third-quarter 2017 net income of $8.9 million, or 46 cents a share, compared with $7.7 million, or 40 cents a share, in the same period in 2016. Total revenue for the quarter fell 17 percent to $120.7 million versus $145 million last year. The drop resulted from decreased revenue in the manufacturing segment, partially offset by increased revenue in the rail-car leasing and services segments. During 2017's third quarter, ARI shipped 618 rail cars for direct sale and 338 rail cars for lease versus 855 units for direct sale and 322 cars for lease during the same period last year.

GATX Corp. Executive Vice President James Earl will retire March 2018, the company announced Oct. 30. Earl also serves as president of GATX's Rail International division. N. Gokce Tezel will assume leadership of Rail International after Earl's retirement, company officials said in a press release. Tezel is GATX's vice president, as well as senior vice president of business development for Rail International. Tezel previously established the company's leasing operations in India and Russia.

HNTB Corp. Mid-Atlantic Division President and Transit/Rail Practice Leader Diana Mendes has been named chair of the American Public Transportation Association's (APTA) legislative and executive committees. Her election marks the first time in APTA's 135-year history that the chair of the legislative committee is from a private-sector firm, HNTB officials said in a press release. The legislative committee develops recommendations about federal legislation related to transit. The executive committee is composed of individuals elected by APTA members to act on behalf of the association's full board when it's not in session.

George Apostolou has joined Lewis Bolt & Nut Co. as senior manager, sales. He oversees business with Class Is, as well as export sales. Apostolou previously served as sales representative and manager at Omega Industries Inc., where he began working in 1996, according to his LinkedIn profile.

PTSI Transportation Senior Adviser Michael Perlman died in July at his San Mateo, California, home. He was 79. Perlman followed his father's footsteps into railroading, becoming a planning officer and later operating officer of the Chicago, Burlington and Quincy Railroad. He continued to work for the railroad after it merged with the Burlington Northern Railroad. Perlman later left Burlington Northern and began performing consulting services, including a study for a congressional committee on alternate routes to separate freight and passenger traffic on key corridors, PTSI officials said in a statement. Perlman is survived by his youngest sister.



Contact Progressive Railroading editorial staff.

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