FreightCar America, a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, has completed the acquisition of Carly Railcar Components, a family-owned, leading distributor of railcar components.
The acquisition strengthens FreightCar America’s aftermarket distribution business with a focus on running-repair components. This frequently replaced and highly recurring product category complements the Company’s core offerings and product mix.
Through the acquisition, the Company’s customers will benefit from reduced lead times and a larger catalog of ready-to-ship railcar components.
Founded in 1995, Carly Railcar Components distributes OEM railcar components and operates a core-exchange program for reconditioned parts. The company serves repair shops, railroads, private car owners and other industrial customers. CRC is one of the major component distributors in North America and has a strong reputation for profitable growth, quality and customer service.
FreightCar America is headquartered in Chicago.
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