BNET Industries

Market Cap:$221.9M
Last Fiscal Year Sales:$746.3M
  • Public
Dow Jones Description

FreightCar America---the home of the aluminum railcar, is proud of its heritage of building and designing railcars. And we have good reason. FreightCar America has been manufacturing quality railcars since 1901. The generations of employees responsible for creating its reputation for quality have made FreightCar America the largest North American manufacturer of aluminum railroad freight cars used to haul coal. FreightCar America now uses its design knowledge, enhanced production facilities, and unequaled experience in aluminum railcar building to expand its product line and provide cost benefits to customers. Quality at FreightCar America is not just an idea---it's the high degree of excellence every FreightCar America employee is focused on achieving. FreightCar America is committed to building quality cars for its valued customers.

President, Chief Executive Officer and Director
Christian Ragot
Number of Employees 173
Contact Information

freightcarameri...

NAICS Code Railroad Rolling Stock Manufacturing: 336510

Recent Events

  • FreightCar America sets 6-cent quarterly dividend

    11/09/09 - Stock Split / Dividend - View Story

  • Updates from FreightCar America, Hollysys Automation Technologies, Trimble/China Railway Eryuan Engineering Group, Environmental Packaging Technologies...

    11/09/09 - Financial Announcement - View Story

  • Carnival, CarMax Rise; Apollo, SLM, ITT Edu Fall

    9/24/09 - Financial Announcement - View Story

News & Analysis

freightcar america inc. - All News and Analysis

  • FreightCar America, Inc. Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-05-18

    Question-and-Answer Session Operator Thank you. Operator instructions Our first question comes from the line of Michael Gallo with CLK. Please go ahead. Michael Gallo – CLK Hi, good morning. Kevin P. Bagby Good morning, Michael. Michael Gallo – CLK Question I have...

    Tags: FreightCar America Inc.

  • FreightCar America, Inc

    - 2005-02-01

    FreightCar America, Inc., formerly operating as Johnstown America, leased production facilities from Norfolk Southern to build freight cars in Roanoke, Va. The company also filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock.

    Tags: car, FINANCE, FreightCar America Inc., Investment, IPO, SEC, Virginia

Decision Makers

Name (plus bio) Position
Christian Ragot President, Chief Executive Officer and Director
Christopher L. Nagel CFO, Treasurer & Vice President
Kenneth D Bridges Senior Vice President, Operations
Nicholas J. Matthews Senior Vice President Operations
Ted Baun Senior Vice President, Marketing & Sales
Tom McCarthy Senior Vice President, Human Resources
Bill Hutzel Vice President, Sales, Eastern Region
Bill Wiles Vice President, Automotive Products
Charles J Magolske Vice President, Business Development
Gary S Boast Vice President of Information Technology
Glen T. Karan Vice President, Planning and Administration
Jay Hatfield Vice President, Sales, Western Region
Mike Kelly Vice President, Sales, Midwest Region
Sean Hankinson Vice President, Sales, Eastern Region
Kevin Knarr Manager, Customer Service
Mike Crisafulli Product Line Manager
Ron Marhefka Product Line Manager, Steel Open Top Railcars
Tim Mann Product Line Manager, International Sales
Ben Penatzer Service Engineer
Jeff Boring Service Engineer
John Wagner Customer Service Administrator
Larry Trusdell General Counsel
Laurence M Trusdell General Counsel and Secretary
Matt Kline Service Engineer
Mike Heider Customer Service Administrator
Thomas A. Madden Director

Board of Directors

Name (plus bio) Position
S. Carl Soderstrom Chairman
Thomas M. Fitzpatrick Chairman of The Board and Director
James D Cirar Board of Directors
Jay R. Bloom Board of Directors
Mallary Thomas Board of Directors
Mark D. Dalton Board of Directors
Robert N. Tidball Board of Directors
S. Mark Ray Board of Directors
William D. Gehl Board of Directors

Christian Ragot, 50, has served as a director since January 29, 2007 and as our President and Chief Executive Officer since April 30, 2007. He served as our Chief Operating Officer from January 29 to April 30, 2007. Mr. Ragot was President of Terex Utilities and Roadbuilding at Terex Corporation from 2004 to 2007. Previously, Mr. Ragot held various senior executive leadership positions, including President of Terex Utilities, President of American Crane, Senior Vice-President, Sales and Aftermarket Services, and other senior-level positions, at Terex Corporation. Prior to joining Terex Corporation in 1999, Mr. Ragot was Vice President and General Manager of the Air Compressor Group, Europe of Ingersoll-Rand Company, and held various other managerial and senior-level positions during his 15 years at Ingersoll-Rand Company.

Organization Position Status
FreightCar America, Inc. President, Chief Executive Officer and Director Current
FreightCar America, Inc. Board of Directors Current
Columbus McKinnon Corporation Board of Directors Current
Terex Corporation President Former
FreightCar America, Inc. Chief Operating Officer Former
Ingersoll-Rand Company Limited Vice President Former
Ingersoll-Rand Company Limited General Manager Former

"Christopher Nagel, assumed the role of vice president of finance and chief financial officer in January 2009. Prior to joining the FreightCar America team, he was CFO of The Wallick Companies, a property management and construction business. He spent almost nine years at The Scotts Miracle-Gro Company in positions of expanding leadership scope. In his most recent role, he served as Scotts’ executive vice president–North American Consumer Business. He also served as Executive Vice President and Chief Financial Officer of Scotts from 2003 to 2006, and prior to that, as senior vice president–North American Finance and Corporate Controller. Earlier in his career, he held finance roles of increasing responsibility at Borden, Inc. and its successors. He began his career in public accounting with Pricewaterhouse Coopers. "

Organization Position Status
FreightCar America, Inc. CFO, Treasurer & Vice President Current

Organization Position Status
FreightCar America, Inc. Senior Vice President, Operations Current
FreightCar America, Inc. Vice President Former

Nicholas J. Matthews, joined FreightCar America in January of 2008.A He serves as our Senior Vice President of Operations.A Nick is responsible for our company's manufacturing, purchasing, engineering, and after market parts functions. Prior to joining FreightCar America, he was employed by Trinity Industries for fourteen years where he held various technical and operations positions of expanding leadership scope.

Organization Position Status
FreightCar America, Inc. Senior Vice President Operations Current
FreightCar America, Inc. Vice President, Operations Former
Trinity Industries, Inc. Former

Theodore W. Baun, assumed the role of Vice President, Sales in November 2007. Prior to this position, he held the position of Vice President Sales, Western Region. In 2003, Ted joined Mitsui Rail Capital as Director of Sales and rejoined FreightCar America in 2005. Between 1994 and 2003, Ted held numerous positions within FreightCar America’s Sales & Marketing and Manufacturing departments.

Organization Position Status
FreightCar America, Inc. Senior Vice President, Marketing & Sales Current
FreightCar America, Inc. Vice President, Sales, Western Reg Current

Organization Position Status
FreightCar America, Inc. Senior Vice President, Human Resources Current
GE Rail Services Former

Organization Position Status
FreightCar America, Inc. Vice President, Sales, Eastern Region Current

Organization Position Status
FreightCar America, Inc. Vice President, Automotive Products Current

Charles J. Magolske, assumed the role of vice president business development and strategy in May 2007. He is responsible for developing our strategic plans, guiding the organization in achieving goals and objectives to support the strategy, identifying business opportunities, developing investment strategies, managing the acquisitions process and developing and negotiating our Joint Ventures. Prior to this role, he served as our international managing director and was responsible for all international sales and international business development.

Organization Position Status
FreightCar America, Inc. Vice President, Business Development Current

Gary S. Boast, has served as our vice president of information technology since 2001. Previously, he held the title of Director, Information Services. Prior to joining FCA, Gary was employed in network operations for the Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T), Culpeper, VA. Gary has an extensive technical background in implementing and managing technology.

Organization Position Status
FreightCar America, Inc. Vice President of Information Technology Current

Glen T. Karan , 56, has served as our Vice President, Planning and Administration since November 2004. He has also has served as our Vice President, Finance, Secretary and Treasurer from 2001 to November 2004 and Vice President, Finance, Secretary and Treasurer of our subsidiaries from 1999 to 2001. Previously, Mr. Karan served in various senior financial positions for our subsidiaries from 1994 to 1999. Prior to joining us, Mr. Karan worked for Miller Picking/York International Corporation from 1976 to 1994. At York, Mr. Karan held positions as Vice President of Finance and Contracts Officer from 1987 to 1994, Controller and Secretary from 1977 to 1987 and Assistant Controller from 1976 to 1977.

Organization Position Status
FreightCar America, Inc. Vice President, Planning and Administration Current

Organization Position Status
FreightCar America, Inc. Vice President, Sales, Western Region Current

Organization Position Status
FreightCar America, Inc. Vice President, Sales, Midwest Region Current

Organization Position Status
FreightCar America, Inc. Vice President, Sales, Eastern Region Current
FreightCar America, Inc. Product Line Manager Current

Organization Position Status
FreightCar America, Inc. Manager, Customer Service Current

Organization Position Status
FreightCar America, Inc. Product Line Manager Current

Organization Position Status
FreightCar America, Inc. Product Line Manager, Steel Open Top Railcars Current

Organization Position Status
FreightCar America, Inc. Product Line Manager, International Sales Current

Organization Position Status
FreightCar America, Inc. Service Engineer Current

Organization Position Status
FreightCar America, Inc. Service Engineer Current

Organization Position Status
FreightCar America, Inc. Customer Service Administrator Current

Organization Position Status
FreightCar America, Inc. General Counsel Current

"Laurence Trusdell, was appointed as FreightCar America's general counsel in June 2007. Prior to joining FCA, Larry was employed by W.W. Grainger in Lake Forest, IL as their Vice President of Law and Corporate Secretary. Larry has broad experience in domestic and international law, including litigation management and government compliance. "

Organization Position Status
FreightCar America, Inc. General Counsel and Secretary Current
FreightCar America, Inc. Board of Directors Current

Organization Position Status
FreightCar America, Inc. Service Engineer Current

Organization Position Status
FreightCar America, Inc. Customer Service Administrator Current

S. Carl Soderstrom, Jr., 54, has served as a director since April 2005 and is the chairman of our audit committee. Mr. Soderstrom was employed by ArvinMeritor, Inc. and its predecessor companies from 1986 to 2004 and served as Senior Vice President and Chief Financial Officer of ArvinMeritor, Inc. from July 2001 to December 2004. Mr. Soderstrom is a member of the board of directors of Lydall, Inc. and serves as a member of the audit committee and chairman of the corporate governance committee of Lydall, Inc.

Organization Position Status
FreightCar America, Inc. Chairman Current
Lydall, Inc. Board of Directors Current
FreightCar America, Inc. Board of Directors Current

Thomas M. Fitzpatrick , 56, has served as a director since December 2005 and as the Chairman of the Board of Directors since March 2007. Mr. Fitzpatrick is the managing partner of Sharp & Fitzpatrick LLP, the predecessor of which he founded in 1987. Mr. Fitzpatrick has also served as the managing director of Harper Laboratories LLC since 2005. Between 1986 and 2004, Mr. Fitzpatrick was the managing partner of 2200 Ventures LLC and its predecessors. Thomas A. Madden , 55, has served as a director since December 2005 and is the chairman of our compensation committee. Mr. Madden served as the Executive Vice President and Chief Financial Officer of Ingram Micro Inc. from July 2001 to April 2005. From October 1997 to July 2001, Mr. Madden served as the Senior Vice President and Chief Financial Officer of ArvinMeritor, Inc. Mr. Madden is a member of the boards of directors of Champion Enterprises, Inc., Mindspeed Technologies, Inc. and Intcomex, Inc.

Organization Position Status
FreightCar America, Inc. Chairman of The Board and Director Current
FreightCar America, Inc. Board of Directors Current
The Ventures Managing Partner Former

Organization Position Status
Whitley Products Inc. Chief Executive Officer Current
Tmb Industries Managing Director Current
FreightCar America, Inc. Board of Directors Current
Rabbit Hill Holdings Inc. CEO Former
Johnstown Corporation CEO Former
Johnstown Corporation President Former
Rabbit Hill Holdings Inc. President Former
TTI Inc. President Former
TTI Inc. Executive Vice President Former
TTI Inc. Director Former
Newcor, Inc. Board of Directors Former
University of California, Irvine Former

Organization Position Status
FreightCar America, Inc. Board of Directors Current

Organization Position Status
FreightCar America, Inc. Board of Directors Current

Organization Position Status
Trimaran Capital Partners, LLC Managing Director Current
FreightCar America, Inc. Board of Directors Current
Progenics Pharmaceuticals, Inc. Director Current
AF4C, Inc Board of Directors Current
Accuride Corp. Director Current
Denison University Trustee Current
CIBC World Markets Inc. Managing Director in the Leveraged Finance Group Former
Kidder, Peabody & Co. Team Member Former
Merrill Lynch & Co., Inc. Team Member Former
Vanderbilt University Law School J.D. Former
Kellogg School of Management at Northwestern University M.B.A Former
Denison University B.A. Former
Wharton Graduate School of the University of Pennsylvania B.S Former

"Robert N. Tidball, 69, has served as a director since April 2005 and is the chairman of our nominating and corporate governance committee. From 1989 to January 2001, Mr. Tidball was the President, CEO and a director of PLM International, Inc., after which he retired. "

Organization Position Status
FreightCar America, Inc. Board of Directors Current
Plm International Inc CEO Former
Plm International Inc President Former
Plm International Inc Director Former

Organization Position Status
FreightCar America, Inc. Board of Directors Current

Thomas A. Madden, 54, has served as a director since December 2005 and is the chairman of our compensation committee. Mr. Madden served as the Executive Vice President and Chief Financial Officer of Ingram Micro Inc. from July 2001 to April 2005. From October 1997 to July 2001, Mr. Madden served as the Senior Vice President and Chief Financial Officer of ArvinMeritor, Inc. Mr. Madden is a member of the board of directors of Champion Enterprises, Inc. and Mindspeed Technologies, Inc.

Organization Position Status
FreightCar America, Inc. Director Current
Champion Enterprises, Inc. Board of Directors Current
Mindspeed Technologies, Inc. Board of Directors Current
Ingram Micro Inc. Chief Financial Officer Former
ArvinMeritor, Inc. chief financial officer Former
Ingram Micro Inc. Executive Vice President Former
University of California, Irvine lecturer in accounting Former
FreightCar America, Inc. Chairman Former

Organization Position Status
C E Attachments, Inc. Chairman & CEO Current
Gehl Company CEO Current
Gehl Company Chairman Current
Astec Industries, Inc. Board of Directors Current
FreightCar America, Inc. Board of Directors Current
West Bend Savings Bank Board of Directors Current
Gehl Company Director Current
FreightCar America, Inc. Chairman and Chief Executive Officer of Gehl Company Former
Gehl Power Products, Inc. President Former
Gehl Company President Former
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RAIL $18.57 +0.02 (0.11% )
Volume 121,812
Shares Outstanding 11.9M
Market Cap 221.9M
Year High 27.080
Year Low 14.050
Earnings Per Share 1.60
P/E Ratio 11.60
Dividend 0.24
Yield 1.2924
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