With the Rescar acquisition, Eagle Railcar Services’ network of 10 plant locations will employ almost 1,200 full-time personnel. Eagle Railcar Services said it intends to increase the number of employees in each of its 10 markets to support planned growth.
The Rescar plant locations align perfectly with Eagle Railcar Services’ strategy of offering a broad array of services, for all railcar types, with a national geographic footprint primarily located on Class 1 Railroads along heavy rail traffic routes. Most importantly, this acquisition allows us to accelerate our growth while delivering the superior customer service for which Eagle is known in the industry.”
Marc Walraven, president and owner of Eagle Railcar Services
The acquisition, which is expected to close the first week in August, will make Eagle Railcar Services the largest full-service provider of railcar repair and maintenance services in the United States.
This acquisition supports the long-range growth goals that Walraven set for Eagle Railcar Services eight years ago.
In June 2011, with only two shop locations and 120 employees, Walraven saw the need in the industry to create a national network of railcar plants. He set into motion his vision for the future of the company that he refers to as his “10-10-1000 plan.” The 10-year plan called for Eagle to build a world class railcar repair network of 10 full-service plant locations creating 1,000 permanent jobs.
Walraven said that “while we are two years ahead of schedule with our growth objectives, we have a lot of work in front of us to fully integrate the Rescar facilities and 400 new employees into the Eagle system. Once accomplished, we will then begin setting goals for the next decade.”
Eagle Railcar Services will immediately start hiring locally.
For more information about available positions, contact Harry Dominguez at (812) 254-8940 or Harry.Dominguez@EagleRailcar.com.
