This Slide: #63 of 100 |
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 is a solutions provider of engineered, manufactured products and services that builds and supports infrastructure. Co.'s business segments include: Rail, Technologies, and Services (Rail), Precast Concrete Products (Precast), and Steel Products and Measurement. Co.'s Rail segment provides a variety of products, solutions, and services for freight and passenger railroads and other industrial companies. The Precast segment manufactures precast concrete products. Under its CXT® brand, Precast manufactures restrooms, concession stands, and other protective storage buildings. Co.'s Steel Products and Measurement segment provides custom engineered solutions and services.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
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