Koppers signs three-year contract with CSX for joint bars

Written by jrood

Koppers Inc. and CSX Transportation Inc. agreed to a three-year contract for bonded rail joint assemblies. The total value of the bonded rail joint assembly contract is estimated at $12-$13 million over the three-year period. Koppers will produce the bonded rail joint assemblies for CSX at its Huntington, W.V., facility, which was acquired in December 2010 from Portec Rail Products Inc. "We are very pleased to be able to sign this contract for our new business and continue to expand our relationship with a highly-valued customer like CSX," said Walter Turner, president and chief executive officer of Koppers.

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