FreightCar America
Encyclopedia
FreightCar America is a manufacturer of freight cars
Goods wagon
Goods wagons are railway wagons that are used for the transportation of goods .- Development :At the beginning of the railway era, the vast majority of goods wagons were four-wheeled vehicles of simple construction. These were almost exclusively small covered wagons, open wagons with side-boards,...

 for the railway industry
Rail transport
Rail transport is a means of conveyance of passengers and goods by way of wheeled vehicles running on rail tracks. In contrast to road transport, where vehicles merely run on a prepared surface, rail vehicles are also directionally guided by the tracks they run on...

.

The company began operations in 1901, and is headquartered in Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...

, Illinois. It is engaged in the business of building, repairing, and leasing freight cars, largely for the transportation of bulk materials like coal, metals, wood products and automobiles. In addition to the freight cars it constructs, the company also manufactures parts for use in cars built by other companies.

It owns two factories—one in Danville, Illinois
Danville, Illinois
Danville is a city in Vermilion County, Illinois, United States. It is the principal city of the'Danville, Illinois Metropolitan Statistical Area' which encompasses all of Danville and Vermilion County. As of the 2010 census, the city had a total population of 32,467. It is the county seat of...

 and one in Roanoke, Virginia
Roanoke, Virginia
Roanoke is an independent city in the Mid-Atlantic U.S. state of Virginia and is the tenth-largest city in the Commonwealth. It is located in the Roanoke Valley of the Roanoke Region of Virginia. The population within the city limits was 97,032 as of 2010...

. The facility in Roanoke was closed in 2009 due to weak economic conditions, but it was announced on 21 February 2011 that it would reopen after an order for 1,500 coal cars from the Norfolk Southern Railway
Norfolk Southern Railway
The Norfolk Southern Railway is a Class I railroad in the United States, owned by the Norfolk Southern Corporation. With headquarters in Norfolk, Virginia, the company operates 21,500 route miles in 22 eastern states, the District of Columbia and the province of Ontario, Canada...

.

In 2008, the company produced 10,349 freight cars, but its output decreased to 3,377 cars in 2009. During fiscal year 2010, FreightCar America had a profit of $36.52 million on revenue of $141.3 million.
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