L.B. Foster Co - Company Profile
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L.B. Foster Co (L.B. Foster) manufactures and fabricates concrete and tubular products for the construction, rail and energy, and utility markets. Focus on R&D, cash position and diverse product and service portfolio are the company’s major strengths, even as business performance of Rail, Technologies, and Services segment remains causes for concern. Positive outlook for construction industry in the US, strategic initiatives and recovery of global steel demand could provide growth opportunities to the company. However, increasing manpower costs in the US, stringent regulations and competition for infrastructure projects could affect the company’s operations.
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