American Railcar Posts Record Fourth-Quarter Profit

American Railcar Industries’ fourth quarter profit soared as revenue grew in its manufacturing and leasing segments.

The St. Charles-based designer and manufacturer of hopper and tank railcars posted a $24.5 million profit for the fourth quarter that ended Dec. 31, up from a $5.1 million profit a year ago. The company’s fourth quarter revenue grew 6 percent to $207.7 million compared with a year ago.

The company’s full-year profit in 2012 grew to $63.8 million, up from $4.3 million in 2011.

Read more from the St. Louis Post-Dispatch


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