L.B. Foster to Acquire Balfour Beatty Rail GmbH Railroad Tuning Unit (FWO)

Written by Jenifer Nunez, assistant editor

L.B. Foster Company plans to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller equipment for international railway applications.

 

“FWO railway products will complement and expand L.B. Foster’s existing line of friction management and track products,” said Robert Bauer, L.B. Foster president and chief executive officer. “This acquisition will undoubtedly enhance L.B. Foster’s rail activities in Europe.”

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