L.B. Foster Co - Company Profile
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L.B. Foster Company (L.B. Foster) is a manufacturer, fabricator, and distributor of materials for transportation, construction, utility, energy, recreation, and agriculture markets. The company's main activities include providing innovative technology solutions and products that address infrastructure challenges. Major products and services offered by the company include rail products, crane rail systems, trackwork products, friction management equipment, concrete ties, bridge products, protective pipe coatings, and precision measurement systems. The company serves a diverse range of customers across industries such as transportation, construction, and energy, contributing to projects like the Panama Canal and Brooklyn Bridge. The company supplies its products in South America, North America, Europe, and Asia. L.B. Foster is headquartered in Pittsburgh, Pennsylvania, the US.
Headquarters
United States of America
Address
415 Holiday Dr, Pittsburgh, Pennsylvania, 15220
Website
lbfoster.com
Telephone
1 412 9283400
No of Employees
1,191
Industry
Construction
Ticker Symbol & Exchange
FSTR (NASD)
Revenue (2024)
$540.0M
1.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-82.9%
(2024 vs 2023)
Market Cap*
$442.4M
Net Profit Margin (2024)
XYZ
-83.2%
(2024 vs 2023)
* As of and is in US$
L.B. Foster Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Rail | Testing, Inspection and Threading Services |
| Crane Rail Systems | Pipe Coatings |
| Trackwork Products | Rail Distribution |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company partnered with FUCHS Lubricants Co. to develop friction management products for the rail market. This partnership will enable the company to expertise in the deployment of total friction management solutions for the global rail industry. |
| 2023 | Contracts/Agreements | In April, the company signed an agreement with 22NW, LP and invited Alexander B. Jones to serve as a non-voting Board Observer. |
| 2022 | Contracts/Agreements | In December, the company announced a strategic partnership with FUCHS to develop friction management products for the rail industry. |
Competitor Comparison
| Key Parameters | L.B. Foster Co | The Greenbrier Companies Inc | NWPX Infrastructure Inc | Amsted Industries Inc | Greenbrier Rail Services |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Pittsburgh | Lake Oswego | Vancouver | Chicago | Portland |
| State/Province | Pennsylvania | Oregon | Washington | Illinois | Oregon |
| No. of Employees | 1,191 | 11,000 | 1,358 | 13,000 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Raymond T. Betler | Chairman | Executive Board | 2022 | 70 |
| John F. Kasel | Chief Executive Officer; Director; President | Executive Board | 2021 | 60 |
| William M. Thalman | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 59 |
| Brian H. Friedman | Chief Growth Officer; Executive Vice President | Senior Management | 2021 | 47 |
| Gregory W. Lippard | Senior Vice President - Rail, Technologies, and Services | Senior Management | 2023 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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