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1/4/2023
The Greenbrier Cos. announced it acquired a 100% interest in GBX Leasing, its rail-car leasing joint venture with The Longwood Group. Greenbrier will now operate the joint venture as a wholly owned subsidiary. GBX Leasing was formed in February 2021 to complement Greenbrier’s rail-car manufacturing business by extending its commercial platform and developing a leased rail car strategy. Since its inception, the leasing company has expanded its portfolio to include more than 4,500 leased rail cars through newly originated leases and secondary market acquisitions, Longwood officials said in a press release.
STV Inc. has hired James Murphy as business development director for construction management operations in the northeastern United States. Murphy will focus on deepening existing client relationships to expand the firm’s presence in New York City and the Northeast, STV officials said in a press release. He also will focus on public-sector markets. Murphy has more than 25 years of experience in client relations, public program management and business development.