FreightCar America teams with India firm to build railcars

Technology Briefing 1/31/08 -- Supply Chain Management Review, 1/30/2008 6:19:00 AM

FreightCar America Inc. has entered into a joint venture with Titagarh Wagons Ltd. of Kolkata, India to develop freight railcars for the Indian market. The two companies will initially develop prototype cars based on FreightCar America’s designs and assess the market opportunity in India. If the initial stage is successful and market conditions are favorable, the joint venture will begin railcar production in India beginning in 2009 using manufacturing methods developed by FreightCar.