
Miscellaneous
FreightCar America Announces Stay of Preliminary Injunction in Pension Case
CHICAGO — The U.S. Court of Appeals for the Third Circuit has stayed the preliminary injunction issued by a lower court in an ongoing lawsuit concerning the FreightCar America Inc.’s pension obligations at its Johnstown, Pa., manufacturing facility, the company said. The preliminary injunction had directed the Company to reinstate certain laid-off employees for pension purposes pending further proceedings in the lawsuit. The order of the Court of Appeals grants a stay of the preliminary injunction and directs the Company to take no action during the pendency of its appeal of the injunction, including closing the Johnstown facility, which would