Progress Rail announced that it's contemplating closing its engine manufacturing facility in LaGrange, Illinois. The company is considering transitioning manufacturing and assembly to other U.S. facilities, including its plant in Winston-Salem, North Carolina. In addition, Progress Rail may transfer certain engine and locomotive component manufacturing to outside suppliers, company officials said in a statement. The company is "evaluating how to use its existing manufacturing space as efficiently as possible to remain a competitive supplier to the rail industry," Progress Rail officials said. The closure of the LaGrange plant would affect about 600 full-time jobs directly related to engine manufacturing, but would not affect other non-manufacturing jobs on the campus, including 600 administrative roles and engineering support roles.
American Railcar Industries Inc.'s (ARI) board has appointed John O'Bryan president and chief executive officer. He began his duties on an interim basis last month. O'Bryan joined the company as chief commercial officer in June 2017 and has made "great strides in building a leading sales team," said ARI Chairman SungHwan Cho in a press release. O'Bryan previously served as president and CEO of American Railcar Leasing, president of Mitsui Rail Capital, and chief operating officer and chief financial officer of Rescar.
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