Koppers Inc., a subsidiary of Koppers Holdings Inc., has signed long-term contracts with two of its largest rail customers, Norfolk Southern and Union Pacific Railroad. The contracts, with a lenght of three years with Norfolk Southern Railway Company (NS) and five years with Union Pacific Railroad (UP), are both for bonded rail joint assemblies.
“These contracts will collectively represent more than a 20 percent year-over-year sales increase in our rail joint business, and are a recognition of the quality products that we supply to this market. While our core focus in our rail business continues to be the production of high quality wooden crossties, we will continue to look for additional ways to build around that strength with other maintenance-of-way products and services,” said Thomas Loadman, Senior Vice President, Railroad Products and Services.
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