FreightCar America Closing Johnstown Facility
CHICAGO – FreightCar America Inc. is closing its Johnstown, Pa., manufacturing facility that employs about 390 employees. The closure does not involve a closure of the company’s Johnstown administrative offices. Officials said the closure is in line with FreightCar’s strategy of optimizing production at its low-cost manufacturing facilities and continuing its focus on cost control. “It is critical for us to take full advantage of our lower-cost manufacturing facilities in order to produce our railcars with a competitive cost structure,” said Chris Ragot, president and chief executive officer. “Our Johnstown, Pennsylvania manufacturing plant is a higher-cost facility than our other locations. “Although