The Roanoke Times is reporting that FreightCar American plans to close its railcar manufacturing facility in Roanoke, Va. and open a new one Castanos, Mexico. The new Mexico plant will be a joint venture with Fabricaciones y Servicios de México, and will cost $25 million.
The plant in Roanoke, which will be closed by November 11, has been a FreightCar America facility for 14 years, and is in a facility previously owned by Norfolk Southern. Approximately 200 people will lose their jobs.
FreightCar America has already closed a plant in Danville, Ill., and operates one in Cherokee, Ala.
Source: Roanoke Times.
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