Lake Oswego

| Print |  Email
Archives - December 2006
Friday, December 01, 2006

{safe_alt_text}

Greenbrier has purchased Meridian Rail Holdings Corp. for $227.5 million. Meridian manufactures replacement wheel sets for railcars at its locations throughout the United States and Mexico. The October purchase makes Greenbrier a market leader in the railcar business, according to Mark Rittenbaum, senior vice president of Greenbrier. Meridian was an attractive purchase because of the magnitude of business it conducted. Meridian is expected to add $400 million in revenue to Greenbrier’s annual fiscal results. That would be about three times the amount of revenue the company generated in the 2006 fiscal year. Rittenbaum does not anticipate any layoffs of Meridian’s 300 employees as the companies merge.

 

More Articles

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


Read more...

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS