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L..B. Foster supplies transportation, construction, utility, energy, recreation and agriculture markets with the materials necessary to build and maintain North America’s infrastructure. Today, L.B. Foster Company is a leading manufacturer, fabricator and distributor of quality transportation and construction materials. The company is committed to meeting customer requirements and increasing buyer satisfaction through the continual improvement of its products and services. Toward this end, L.B. Foster maintains ongoing programs to enhance product quality, improve operational processes and assure employee safety.
NASDAQ Symbol: FSTR
L.B. Foster has received a $2.7 million contract to supply a wide ranging package of rail products to the Allegheny County Port Authority Light Rail System. L.B. Foster is providing rail fasteners, trackwork and new rail for construction of the 1.2 mile North Shore Connector. This light rail transportation corridor will travel in two bored tunnels beneath the Allegheny River to connect Pittsburgh's city center (Gateway Subway Station under Stanwix Street) with North Shore neighborhoods and attractions.
L.B. Foster has been awarded a $20.5 million contract to supply Gerdau Ameristeel sheet piling to the Panama Canal Authority (ACP) for use in the construction of the Panama Canal Expansion. The successful bidder for the PAC-4 contract opening later this year will install the piling for the excavation of the Pacific Access Channel and the construction of the Borinquen Dam. Gerdau Ameristeel's PS 31 flat steel sheets will be delivered in lengths of 56 ft. to 69 ft. Also, their PZC(TM) 26 Z-type sheet piling will be delivered in 49 ft. lengths.