Railcar Manufacturing Company Expects to Add 500 to 700 New Jobs at Its Factories This Year
American expects to build about 30,000 railcars this year, said Jack Pipkin, VP of global railcar manufacturing, and demand for 2012 could exceed 50,000 railcars. This rapid growth is projected to continue through 2015, he added.
"One of the ways I have of judging the strength of the economy is watching the freight trains that pass the factory," noted Pipkin.
The new orders aren't just replacements of old freight cars, he explained. Rather, they're from customers requesting differing styles of railcars; including freight cars to transport sand used in natural gas drilling in shale areas such as those in north Louisiana and central Arkansas.
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