FreightCar America, Inc. RAIL

What this company does

FreightCar America, Inc. designs, manufactures and supplies a variety of railcar types for the transportation of bulk commodities and containerized freight products primarily in North America, and also provides railcar rebody and repair services, railcar conversion services that repurpose idled rail assets, and railcar parts. In the year ended December 31, 2025, it delivered 4,125 railcars, comprised of 3,714 new railcars and 411 rebuilt railcars, and its total backlog of firm orders stood at 1,926 railcars as of December 31, 2025, with an estimated sales value of $137 million. Its primary customers are financial institutions and shippers, which represented 78% and 16%, respectively, of total sales attributable to each type of customer for the year ended December 31, 2025. Its railcar production facility in Castaños, Coahuila, Mexico is certified by the Association of American Railroads, which sets railcar manufacturing industry standards for quality control. As of December 31, 2025, it had 1,986 employees, of whom 403 were salaried and 1,583 were hourly wage earners represented by unions in the United States and Mexico, with 1,916 based in Mexico, 68 in the United States and two in China. In 2025, revenue from the Company's top three customers accounted for 26%, 20% and 13%, respectively, of total revenue, and sales to its top five customers accounted for approximately 75% of total revenue. The company has been manufacturing railcars since 1901.

Written from the business description in FREIGHTCAR AMERICA, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 9 March 2026. Every sentence was checked against that document before publication.