This past year has been a busy one for concrete-tie suppliers, who've been tackling a flurry of orders from their transit-rail clients. Rocla Concrete Tie Inc., for example, started building a manufacturing plant in Fort Pierce, Fla., as part of a long-term supply agreement with All Aboard Florida and Florida East Coast Railway. At the same time, L.B. Foster Co. received concrete-tie orders from Seattle's Sound Transit and Toronto's GO Transit. For execs at these companies, this activity indicates that things are moving in the right direction, financially-speaking.
"The concrete tie business is really solid," said Steve Burgess, vice president of concrete products at L.B. Foster.
Last month, I got in touch with Burgess to learn a bit more about the concrete tie market. I compiled my findings from that conversation and other outside research in a brief write-up in our October issue.
How do you think the concrete tie market will fare in 2016? Or in the next several years? Will transit-rail continue to drive activity in the market? As always, feel free to share your thoughts here or on our website.
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