Track Machinery

Greenbriar Equity Group acquires Nordco

Greenbriar Equity Group LLC, a New York-based private equity firm focused exclusively on the global transportation industry, has acquired Nordco Inc. Nordco will immediately become a majority-owned Greenbriar portfolio company.

Goldschmidt Thermit acquires PortaCo, Inc.

The Goldschmidt Thermit Group, a company based in Germany that specializes in welding, acquired 100 percent of PortaCo, Inc., a producer of hydraulic power units and tools headquartered in Moorhead, Minn. The Goldschmidt Thermit Group has been represented in the United States market since 1967, by Orgo-Thermit, Inc.

Herzog launches its P.L.U.S./Smart Train Inertial System

Herzog Railroad Services Inc. (HRSI) says its GPS ballast trains “are one of the safest and most efficient advancements of railroad maintenance equipment in decades. The tasks of unloading a ballast train were labor intensive and the risks to personnel were significant.