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This Company Got a $10 Million PPP Loan, Then Closed Its Plant and Moved Manufacturing Jobs to Mexico

This Company Got a $10 Million PPP Loan, Then Closed Its Plant and Moved Manufacturing Jobs to Mexico
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FreightCar America Eyes Improving Market Conditions

Share: With one quarter in 2021 under its belt, railcar manufacturer FreightCar America believes its new manufacturing footprint, coupled with positive market conditions, will make 2021 a good year for the company. The year 2021 is about building momentum in support of expansion and profitable growth as we move forward. We re very pleased with how the new operation is performing … We believe that we are in a good position to start winning, FreightCar America President and CEO Jim Meyer said during his company s first-quarter earnings call Monday. FreightCar America sees a number of tailwinds that could support the company, including declining storage numbers for railcars and higher rail traffic volumes.

United statesJim meyerMatt tonnFreightcar americaCar america presidentCar americaFreightcar america chief commercial officer mattஒன்றுபட்டது மாநிலங்களில்ஜிம் மேயர்மேட் டன்கார் அமெரிக்கா ப்ரெஸிடெஂட்கார் அமெரிக்கா

11 Industrials Stocks Moving In Wednesday s Intraday Session

Gainers FreightCar America (NASDAQ:RAIL) stock moved upwards by 15.98% to $5.66 during Wednesday s regular session. As of 12:30 EST, FreightCar America s stock is trading at a volume of 1.5 million, which is 51.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $87.9 million. The company s, Q1 earnings came out 2 days ago. Transcat (NASDAQ:TRNS) stock rose 14.65% to $54.42. Trading volume for Transcat s stock is 56.5K as of 12:30 EST. This is 132.47% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $405.2 million. The company s, Q4 earnings came out yesterday.

United statesHerc holdingsOrbital energy groupFlux power holdingsAcacia researchCar americaFreightcar americaPower holdingsGlobal internetEnergy groupஒன்றுபட்டது மாநிலங்களில்ஹெர்க் ஹோல்டிங்ஸ்ஆர்பிடல் ஆற்றல் குழுஃப்ளக்ஸ் பவர் ஹோல்டிங்ஸ்கார் அமெரிக்காபவர் ஹோல்டிங்ஸ்

FreightCar America eyes improving market conditions

FreightCar America eyes improving market conditions
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

United statesJim meyerMatt tonnFreightcar americaCar america presidentCar americaFreightcar america chief commercial officer mattஒன்றுபட்டது மாநிலங்களில்ஜிம் மேயர்மேட் டன்கார் அமெரிக்கா ப்ரெஸிடெஂட்கார் அமெரிக்கா

For FCA, Encouraging Signs Ahead

For FCA, Encouraging Signs Ahead
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

United statesJim meyerFreightcar america incEncouraging sign ahead writtenFreightcar americaCar americaஒன்றுபட்டது மாநிலங்களில்ஜிம் மேயர்கார் அமெரிக்கா