Freightcar America Posts $34 Million Profit
Posted: 2:49 pm EST February 8,2007
A company threatening to close its Johnstown manufacturing plant has declared fourth-quarter profits of $34 million.Freightcar America Chief Executive Officer John Carroll has said the Johnstown plant will close if worker concessions aren't approved.The profits were double what the company reported for the final quarter of 2005.Stay with Channel 6 News for continuing coverage.
Previous Stories:
- January 31, 2007: Union, Company Seek Help From Governor's Office To End Contract Fight
- November 16, 2006: Plant Closing Could Cause Hundreds Of Johnstown Workers To Lose Jobs
- November 15, 2006: Future Of Local Plant Still Undecided
- July 28, 2006: CEO Comments On Railcar Concessions
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