Greenbrier Buys Roller Bearing Industries

Railcar manufacturer purchased Roller Bearing Industries from SKF USA to help expand its offerings.

LAKE OSWEGO, Ore. (AP) -- Railcar manufacturer Greenbrier Cos. said Monday it purchased Roller Bearing Industries Inc. from SKF USA Inc. to help expand its offerings.
 
Terms were not disclosed.
 
Greenbrier Rail Services President Tim Stuckey said in a statement that the acquisition will enhance the company's replacement parts business and boost its presence in the wheel services market.
 
Greenbrier said it will immediately assume the operations of Roller Bearing's Elizabethtown, Ky. plant and its approximately 50 workers.
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