Amsted Rail announces agreement to acquire Amsted Rail-Faiveley brake component business

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Amsted Rail, the world leader in the design and manufacturing of railcar bogie systems, has entered into an agreement to acquire 100% ownership of the Amsted Rail-Faiveley brake component business. The acquisition by Amsted Rail will include Ellcon’s market leading brake components such as hand brakes, slack adjusters, empty load devices and ABU cylinders.  In addition, Amsted Rail will continue to offer the plastic pellet gate product line.

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