THE GREENBRIER COMPANIES

'The Greenbrier Companies' is a predominantly American company that specialises in transportation services, notably barge and railcar manufacturing, railcar refurbishment, and railcar leasing/management services. Its headquarters are in Lake Oswego, Oregon, USA.

Contents

History

Manufacture

Marine

Railcars

North America

Europe

Repair/Refurbishment

Leasing/Management

References

History

In 1981, the holding company 'The Greenbrier Companies' was formed by Alan James and William A. Furman to purchase the 'Greenbrier Leasing Corporation', a railcar leasing firm formed in 1970 and operated since 1979 by James and Furman.
In 1985, 'The Greenbrier Companies' purchased the Marine and Railcar division of FMC, restoring the previous 'Gunderson Inc' name. Gunderson has a separate history going back to 1919, then the Gunderson brothers started a (spoked) wheel manufacture and repair business in Portland.
After a successful IPO in 1994, the 'Trenton Works' company was purchased in 1995. The history of this subsidiary is longer, going back to 1872

Manufacture

Marine

Under the name 'Gunderson Marine LLC', the Portland, Oregon, United States plant manufactures ocean-going conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates and other heavy industrial products and ocean-going dump barges.

Railcars

North America

Under the names 'Gunderson LLC' (Portland, Oregon), 'Gunderson Concarril' (Concarril, Mexico) and 'TrentonWorks Ltd.' (Trenton, Nova Scotia, Canada), both intermodal (60% market share) and conventional freight (30% market share) cars are produced.

Europe

Under the name 'Greenbrier Europe' (plant in Swidnica, Poland), conventional freight cars (approx 20% market share) are produced.

Repair/Refurbishment

Subsidiaries 'Gunderson Rail Services LLC' and 'Greenbrier Europe' provide repair, refurbishment and component services for railcars in North America and Europe.

Leasing/Management

Under the name 'Greenbrier Leasing Company LLC', third parties can lease railcars from Greenbrier's fleet of 9,000. Subsidiary 'Greenbrier Management Services' manages a fleet of approx 145,000 railcars, predominantly owned by third parties.

References

★ The Greenbrier Companies, 2006 Annual Report

★ History section cribbed from Funding Universe