Company Profile

Company Overview

In June 2014, The Greenbrier Companies (NYSE:GBX) and Watco Companies embarked on a 50/50 railcar repair joint venture called GBW Railcar Services, LLC (GBW). GBW now owns and operates the Greenbrier and Watco respective railcar repair, refurbishment and maintenance businesses. The new company formed by the two industry leaders will respond directly to interests expressed by the company’s existing customers and marketplace. This joint venture is designed to meet the certification and maintenance requirements of the growing North American tank car fleet as well as expand railcar repair service offerings for general freight cars of nearly all types.