L.B. Foster Wins $3.9 Million Philadelphia Rail Contract

September 3, 2009 (FinancialWire) — L.B. Foster Co. (NASDAQ: FSTR) said it has been awarded a $3.9 million transit rail products stimulus-funded contract for the Southeastern Pennsylvania Transportation Authority’s Fern Rock Yard track renewal project.

As part of the project, New York City-based contractor Railworks Track Systems is replacing track and contact rail installations dating from 1928 in Philadelphia’s Fern Rock Yard with a range of transit products sourced from L.B. Foster.

Pittsburgh-based L.B. Foster is a manufacturer, fabricator and distributor of products for rail, construction, utility and energy industries.

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