Press Releases

Gunderson Rail Services announces that it has changed its name to Greenbrier Rail Services. All former Gunderson Rail Services, Meridian Rail Services, and Rail Car America facilities will now operate under the name Greenbrier Rail Services. Greenbrier Rail Services (GRS), a full service provider of railcar repair, maintenance, wheel and refurbishment services, is a wholly-owned subsidiary of The Greenbrier Companies .

"The name change reflects our successful efforts to integrate recent acquisitions and develop a consistent brand identity," said Greenbrier Rail Services President Tim Stuckey. "As we expand our service offerings and geographic coverage, we will continue our commitment to quality products and services that are unmatched in the rail industry."

Greenbrier Rail Services operates one of the largest railcar service networks in North America with 35 strategically located facilities specializing in railcar repair and maintenance, complete wheel services, axle finishing, and the manufacturing and sale of freight car components, such as doors, cushioning units, couplers, yokes, and associated parts.

About Greenbrier Companies

Greenbrier (http://www.gbrx.com/), headquartered in Lake Oswego, Oregon, is a leading supplier of transportation equipment and services to the railroad industry. The Company builds new railroad freight cars in its three manufacturing facilities in the U.S. and Mexico and marine barges at its U.S. facility. It also repairs and refurbishes freight cars and provides wheels and railcar parts at 35 locations across North America. Greenbrier builds new railroad freight cars and refurbishes freight cars for the European market through both its operations in Poland and various subcontractor facilities throughout Europe. Greenbrier owns approximately 9,000 railcars, and performs management services for approximately 136,000 railcars.

First Call Analyst:
FCMN Contact: emily.jenkins@gbrx.com

SOURCE: The Greenbrier Companies