Greenbrier Buys E-Town's Roller Bearing Industries

Resource from: CBCC Likes:2943

Apr 08,2008

Greenbrier Cos. of Lake Oswego, Ore., said today it has acquired substantially all the operating assets of Roller Bearing Industries of Elizabethtown, Ky., from SKF USA. Roller Bearings, a leading supplier of reconditioned bearings for the rail industry for nearly 30 years, has about 50 employees at the Elizabethtown plant. Greenbrier is a leading provider of reconditioned rail wheel sets and has a network of 39 locations in the United States and Mexico for wheel replacement, replacement parts and railcar repair. “The acquisition of RBI will ensure procurement of a key business component, strengthen our competitive position and expand our product offerings,” said Tim Stuckey, president of Greenbrier Rail Services, in a statement.

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