0000352825-12-000042.txt : 20121212 0000352825-12-000042.hdr.sgml : 20121212 20121212103112 ACCESSION NUMBER: 0000352825-12-000042 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121212 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121212 DATE AS OF CHANGE: 20121212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FOSTER L B CO CENTRAL INDEX KEY: 0000352825 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] IRS NUMBER: 251324733 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10436 FILM NUMBER: 121258022 BUSINESS ADDRESS: STREET 1: 415 HOLIDAY DR CITY: PITTSBURGH STATE: PA ZIP: 15220 BUSINESS PHONE: 4129283431 MAIL ADDRESS: STREET 1: 415 HOLIDAY DR CITY: PITTSBURGH STATE: PA ZIP: 15220 8-K 1 fstr-20121212x8k.htm 8-K dc95d1f7018b4e0

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

 

 

 

 

 

Date of Report (Date of earliest event reported)

December 12, 2012

 

L. B. Foster Company

(Exact name of registrant as specified in its charter)

 

Pennsylvania

000-10436

25-1324733

(State or other jurisdiction of incorporation)

(CommissionFile Number)

(I.R.S. EmployerIdentification No.)

 

 

 

415 Holiday Drive, Pittsburgh, Pennsylvania

15220

(Address of principal executive offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code

(412) 928-3417

 

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

 

 


 

Item 8.01              Other Events.

            L. B. Foster Company issued a press release today announcing a multi-year contract extension with the Union Pacific Railroad for the supply of pre-stressed concrete railroad ties from its Tucson, AZ facility.  The press release is attached as Exhibit 99.1.

 

Item 9.01            Financial Statements and Exhibits.

 

(d)              Exhibits

 

99.1            Press Release dated December 12, 2012 titled “L.B. Foster and Union Pacific Railroad agree to Multi-Year Contract Extension.

 


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

L.B. Foster Company

(Registrant)

 

Date: December 12, 2012

/s/ Joseph S.  Cancilla 

Joseph S. Cancilla

Vice President, General Counsel and Secretary


 

EXHIBIT INDEX

 

 

 

 

 

Exhibit Number

Description

99.1

Press Release dated December 12, 2012 titled “L.B. Foster and Union Pacific Railroad agree to Multi-Year Contract Extension.”

 


EX-99.1 2 fstr-20121212ex991881f2e.htm EX-99.1 exhibit 99_1

L.B. Foster and Union Pacific Railroad agree to Multi-Year Contract Extension
Tucson Facility to Provide Prestressed Concrete Ties for UPRR Mainline Rail

PITTSBURGH, PA – December 12, 2012 - L.B. Foster Company (NASDAQ: FSTR) announced that it has agreed on a multi-year contract extension with the Union Pacific Railroad (UPRR) for the supply of prestressed concrete railroad ties from its Tucson, AZ facility.    The previous supply contract was set to expire on December 31, 2012. 

The extension of this contract represents significant value for L.B. Foster Company and will help it to fund additional engineering and development of concrete tie design for the rail industryFor many years, the CXT® brand has been recognized as a leader in this industry.  During 2012, CXT Concrete Ties was recognized as a finalist for Plant of the Year award by IndustryWeek

L.B. Foster’s Tucson, AZ facility is dedicated to the production of concrete tie products.  The company has invested more than $15 million in production machinery and employs approximately 50 people at the plant which has been in operation since 2006.  

The agreement to extend the Tucson Concrete Tie supply contract follows an agreement the two companies have reached on a path forward for handling warranty claims on concrete ties previously made at its Grand Island facility, which was closed in 2011.  L.B. Foster had been providing regular updates on its progress with UPRR regarding their claims.  The extension of the Tucson Concrete Tie supply contract was the last step in the current action plan to resolve the matter.

“We’re very pleased that the Union Pacific Railroad has decided to extend the Tucson contract with L.B. Foster.  As a leader in innovation and performance among rail companies, UPRR helps us to drive improvement throughout our organization on an on-going basis.  We believe L.B. Foster makes the best concrete ties in the industry today and will strive to demonstrate this for all of our customers,” said Robert Bauer, L.B. Foster President and CEO.

CXT operates the most advanced concrete rail tie manufacturing facilities in North America. The company maintains strategically located production plants in Spokane, Washington and Tucson, Arizona. Both facilities are ISO 9001:2008 certified and produce a complete product line of concrete ties for all rail applications.


About L.B. Foster Company
Established in 1902, L.B. Foster Company is a leading manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets with locations in North America and Europe.  More information is available at: http://www.lbfoster.com

CXT® is a registered trademark of L.B. Foster Company.