Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Mechanical

1/12/2005



Rail News: Mechanical

FreightCar America to sell stock publicly through IPO


advertisement


FreightCar America Inc. recently filed a registration statement with the Securities and Exchange Commission to conduct an initial public offering (IPO).

The IPO underwriters are UBS Investment Bank — which also serves as sole book-running manager — Jefferies & Co. Inc. and CIBC World Markets Corp.

Existing stockholders will be allowed to sell a portion of their holdings through the offering if the underwriters exercise an over-allotment option to purchase additional shares.

FreightCar America (formerly Johnstown America Corp.) builds aluminum coal, flat and intermodal cars, mill gondolas, AVC aluminum vehicle carriers and VersaCoil™ steel coil cars.