What does the greenbrier and watco agreement mean for railcar repair? Under the agreement, the repair shops and employees at each location will return to management by their previous operators. The plan enables both Greenbrier and Watco to better capitalize on current trends in North America’s railcar repair market, meeting demand for railcar repair services within their respective business models.Who is in charge of wheel shops at greenbrier rail services? Shops returned to Greenbrier will be managed by Rick Turner, Senior Vice President for Wheels & Parts at Greenbrier Rail Services. Turner has been a leader in the railcar aftermarket business for nearly 25 years, with primary responsibility for Greenbrier’s 12 wheel shops and parts businesses.Why did watco and greenbrier form gbw? Rick Webb, Watco CEO and GBW’s current operations leader said, “One of the main reasons GBW was formed was to provide capacity to service, recertify and retrofit North America’s tank car fleet. For a variety of reasons, tank car services and retrofits never materialized in the volumes anticipated by Watco and Greenbrier at the time we formed GBW.
LAKE OSWEGO, Ore., Aug. 20, 2018 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE: GBX) and Watco Companies, LLC have entered an agreement to discontinue their GBW Railcar Services (GBW) railcar repair joint venture. Under the agreement, the repair shops and employees at each location will return to management by their previous operators. The plan ...
GBW Railcar Services, LLC is located in GA which offers the following rail services: General Freight Cleaning, Maintenance Shops (Heavy Repair, Requalifications, Wheel Replacement, Wreck Repair), Stenciling/Reflectorization, Tank Cleaning. Mobile service is available.