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Rail News: Mechanical
Global Railway Industries Ltd. subsidiary YSD Industries Inc. recently obtained two contracts totaling $4 million to supply box-car doors. The purchasers weren’t disclosed. YSD expects to begin delivering the doors in July.
After purchasing YSD out of bankruptcy in April 2004, rail component supplier Global Railway implemented a new quality-control program, and restructured the company’s workflow and modernized production processes.
“These contracts validate the restructuring efforts at YSD over the past year and reestablishes YSD as one of the main suppliers of … rail-car doors in the North American OEM market," said Global Railway Chief Executive Officer Mike Kohut in a prepared statement.
3/31/2005
Rail News: Mechanical
Global Railway's YSD subsidiary lands box-car door orders
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Global Railway Industries Ltd. subsidiary YSD Industries Inc. recently obtained two contracts totaling $4 million to supply box-car doors. The purchasers weren’t disclosed. YSD expects to begin delivering the doors in July.
After purchasing YSD out of bankruptcy in April 2004, rail component supplier Global Railway implemented a new quality-control program, and restructured the company’s workflow and modernized production processes.
“These contracts validate the restructuring efforts at YSD over the past year and reestablishes YSD as one of the main suppliers of … rail-car doors in the North American OEM market," said Global Railway Chief Executive Officer Mike Kohut in a prepared statement.
