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The Greenbrier Companies history
The Greenbrier Companies company history timeline
Alan James and William A. Furman, two former executives of the TransPacific Financial Corporation, a Northwest-based finance and heavy equipment company, created the Greenbrier Companies as a holding company in 1981.
In 1981, Commercial Metals sold the company to Alan James and William A. Furman, the owners of James-Furman & Company and founders of The Greenbrier Companies.
Many orders were cancelled and new orders plummeted; in 1982, only 25 railcars were built.
_____________. Mountain Memories, II, III. South Charleston, West Virginia, Jalamap Publishing, 1984.
____________. Mountain Memories, IV. South Charleston, West Virginia, Mountain Memories Books, 1985.
In 1985, MRED was acquired by The Greenbrier Companies.
Lewisburg, West Virginia, Greenbrier Historical Society, 1986.
Hawker Siddeley sold the Trenton Works to Lavalin Industries, then part of the Lavalin Group, in 1988.
South Charleston, West Virginia, Mountain Memories Books, 1990.
The Twin-Stack became an important product, with approximately 3,000 being produced in 1990.
Lavalin spun off the railroad-car manufacturing facility in 1991, which operated independently as Trenton Works, Inc. until it was purchased by The Greenbrier Companies.
In 1991, Greenbrier established its rail services division, adding to its maintenance and refurbishment capabilities.
By 1995, Gunderson had built more than 85,000 railway cars.
The Greenbrier Companies did receive a setback in 1996 when year-long negotiations with Conrail Inc. to manufacture and repair freight cars in Pennsylvania collapsed, apparently because neither company could guarantee enough business to make the joint venture viable.
In 1998, the company acquired Polish railcar manufacturer Wagony Świdnica.
In 2004, Bombardier's stake in the venture was acquired; the operation now goes by Greenbrier Sahagún.
The TrentonWorks facility closed in 2007 as a result of unfavorable exchange rates and lower operating costs in Mexico.
In December 2012, Carl Icahn made an offer to purchase Greenbrier for $20 a share, which represented a 5.4% premium to Greenbrier's stock price at that time.
So you can imagine my delight today when The Dorothy Draper School of Decorating formally announced a one-day decorating class, scheduled for Saturday, April 20, 2013 at The Greenbrier Resort, taught by Carleton Varney himself!! The Victorian Writing Room – once called […]
In 2014, Greenbrier announced a railcar maintenance joint venture company with Watco called GBW Railcar Services.
In 2015, Greenbrier opened Greenbrier Tlaxcala, a wholly owned railcar manufacturing facility in Tlaxcala, Mexico.
Additionally in 2015, the Saudi Railway Company (SAR) awarded Greenbrier a contract with the Public Investment Fund (PIF) to manufacture nearly 1,200 tank wagons.
In 2016, Greenbrier and Sumitomo Corporation of Americas formed a 50/50 joint venture to establish a leading axle machining facility on West Coast to support growing intermodal rail activity and create value for customers and partners.
The company also acquired a 19.5% stake in Amsted-Maxion Hortolândia, a Brazilian railcar manufacturer, for US$15 million; Greenbrier took a majority interest of Greenbrier Maxion in 2017.
In, 2018, Greenbrier and Watco announced the discontinuation of the joint venture to allow both companies to better capitalize on railcar maintenance demands in the North American market.
In 2019, Greenbrier launched its first environmental, social and governance (ESG) report.
Also in 2019, Greenbrier acquired American Railcar Industries (ARI), a transaction valued at $400 million.
In 2021, Greenbrier formed GBX Leasing, a joint venture with The Longwood Group, a Chicago-based transportation equipment advisory and asset management firm, to develop an owned portfolio of leased railcars to be built primarily by Greenbrier.
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The Greenbrier Companies competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| L-com Global Connectivity | 1982 | $123.9M | 1 | 13 |
| Southwind Foods | 1999 | - | 76 | 14 |
| PNA Holdings LLC | 1999 | $400.0M | 1,280 | - |
| The Carriage House Companies Inc | 2000 | $670.0M | 1,500 | 3 |
| OASIS International | 1910 | - | 376 | - |
| Americana | 1990 | $1.6M | 63,000 | 4 |
| Kim | - | $170,000 | 5 | 2 |
| Hyde & Hyde | - | $36.0M | 50 | - |
| St. Helena Olive Oil Co. | - | $510,000 | 5 | - |
| San Marino Security Systems | - | $1.4M | 10 | - |
The Greenbrier Companies history FAQs
Zippia gives an in-depth look into the details of The Greenbrier Companies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Greenbrier Companies. The employee data is based on information from people who have self-reported their past or current employments at The Greenbrier Companies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Greenbrier Companies. The data presented on this page does not represent the view of The Greenbrier Companies and its employees or that of Zippia.
The Greenbrier Companies may also be known as or be related to Greenbrier Companies Inc., Greenbrier Cos., Inc., The Greenbrier Companies, The Greenbrier Companies Inc and The Greenbrier Companies, Inc.