Premium railroads manufacturing company L. B. Foster Co. (FSTR – Analyst Report) recently inked a distribution agreement with the U.K.-based specialized rail technology firm Tracksure for an undisclosed amount. The deal would empower L. B. Foster to sell Tracksure’s unique and innovative fasteners across all marketplaces of North America.
Tracksure Fastening System
Tracksure, a wholly owned secondary business unit of Wheelsure Holdings Limited, is a famous rail technology firm in Bedfordshire, UK. The rail fasteners of Tracksure are manufactured with customized and patented technology. These fasteners help reduce railroad nut loosening, thereby supporting specialized operational benefits for railroad managers and assisting them in providing required safety to customers.(…)
via L. B. Foster to Market Tracksure for Safer Railroads – December 16, 2014 – Zacks.com.