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L.B. Foster: Riding the Rails to Profits
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From the Pittsburgh Post Gazette: <br /> <br />"When Stan Hasselbusch joined L.B. Foster straight out of college 34 <br />years ago, the rail industry was going nowhere -- physically or <br />metaphorically. <br /> <br />"Major railroad companies were declaring bankruptcy in rapid <br />succession, victims of decades of growth in truck and highway shipping <br />that left railways with too much capacity and not enough traffic. <br /> <br />"Now, Mr. Hasselbusch and the rail industry are riding high. The chief <br />executive officer and president of L.B. Foster has watched both <br />earnings and the stock price at the Green Tree transportation supply <br />company soar in the past year, aided by a booming rail industry that <br />generates half the firm's business." <br /> <br />http://www.post-gazette.com/pg/06151/694441-147.stm <br /> <br />Dave <br />http://www.railpictures.net/showphotos.php?userid=920
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