Announcing that it is ceasing business operations, Fort Lupton, Colo.-based Colorado Railcar Manufacturing LLC will release all its employees Dec. 31, according to a statement posted on the company's Website by President and CEO Larry E. Salci.
Salci’s statement noted that Colorado Railcar has a major liquidity problem, their lenders have a secured position in the assets of the company and, therefore, are in the process of liquidation.











