L.B. Foster to acquire Balfour Beatty unit, FWO

Posted on October 29, 2014

Pittsburgh, Pa.-based L.B. Foster Co. today announced an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller equipment for international railway applications.

"FWO railway products will complement and expand L.B. Foster's existing line of friction management and track products," said Robert Bauer, L.B. Foster President/CEO. "This acquisition will undoubtedly enhance L.B. Foster's rail activities in Europe."

"The FWO ESA Electronic Track Lubricating system and associated specialist knowledge of wheel/rail interaction is an ideal fit with L.B. Foster's existing solution portfolio, marketing expertise and R&D competencies," noted Peter Jones, Managing Director, L.B. Foster Rail Technologies (UK) Ltd. The FWO business unit currently employs a team based in Bochum (Nordrhein-Westfalen, Germany) and has established sales in Europe and South America. Mr. Jones went on to say that, "I am delighted that the key employees in this business have decided to join the L.B. Foster team and help strengthen our position in the European market".

View comments or post a comment on this story. (0 Comments)

More News

Dallas' rail-connected development driving regional growth, study says

Completed or under-construction TOD near DART stations has already generated $69 million in state and local tax revenue.

Uber endorses Sound Transit 3 light rail expansion ballot measure

The $54 billion ballot measure would add 62 miles of light rail with stations that would serve 37 new areas and grow the system to 116 miles.

L.A. Metro receives milestone 50th Kinkisharyo light rail vehicle

Currently, there are 38 Model P-3010 vehicles in service and the 50th car should be ready for revenue service by mid-December.

Amtrak bans Samsung Galaxy Note 7 smartphones

Faulty batteries on the phones that can overheat are blamed for fires around the world, prompting Samsung to issue recalls and stop production on the Note 7. The FAA has already banned the phones from all airlines.

DART adds 3 miles to Blue Line light rail system

Connecting an area known as the Education Corridor to downtown by light rail enables more people to discover the academic programs offered at the UNT Dallas, Paul Quinn College and Cedar Valley College.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close