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Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Fri., Jan. 21, 12:02 AM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #63. L.B. Foster Ball Winch Pipeline Services

Acquirer: L.B. Foster (NASDAQ:FSTR)
Acquiree: Ball Winch Pipeline Services
Details: Pittsburgh, PA-based L.B. Foster Company (NASDAQ: FSTR) today announced it has acquired Ball Winch Pipeline Services, LLC., a privately-owned company that applies specialty pipe coatings and provides field services for the oil and gas, mining, water and waste water industries. Ball Winch's unique position as a custom coater of specialty fittings and field connections brings new growth to L.B. Foster's existing coating capabilities.

L.B. Foster provides products and services for the rail industry and solutions. Co. is organized and operates in two business segments: Rail Technologies and Services (Rail) and Infrastructure Solutions. The Rail segment is comprised of several manufacturing and distribution businesses that provide a variety of products and services for freight and passenger railroads and industrial companies throughout the world. The Infrastructure Solutions segment is composed of precast concrete products, piling, fabricated bridge, protective coating, threading and precision measurement offerings across North America.

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Company Name: 
Foster (L.B.) Co
Stock buyback: 
FSTR buyback
Website: 
www.lbfoster.com
Sector: 
Metals Fabrication & Products
Number of ETFs Holding FSTR: 
7
Total Market Value Held by ETFs: 
$7.37M
Total Market Capitalization: 
$165.00M
% of Market Cap. Held by ETFs: 
4.47%
 

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Strong Buy (4.00 out of 4)
89th percentile
(ranked higher than approx. 89% of all stocks covered)

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