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A&K Railroad Materials Inc. recently announced President Morris Kulmer has divested his interest in the company after owning the firm with Kern Schumacher the past 38 years. A&K will remain a privately held corporation with Schumacher as majority shareholder.

In July, Vice President-Western Region Sales Rhonda Nicoloff acquired a 10 percent ownership stake in the firm. Since beginning her A&K career in 1991, Nicoloff has held various sales positions.

A&K supplies new and relay rail — including continuous-welded rail — and track materials to the railroad industry.