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Koppers Inc signs three-rear rail joint bars deal with CSX.

M2 EQUITYBITES-October 3, 2011-Koppers Inc signs three-rear rail joint bars deal with CSX(C)2011 M2 COMMUNICATIONS

CSX Transportation Inc (CSX) and Koppers Inc jointly reported on Friday the launch of an agreement for the supply of bonded rail joint assemblies, valued at about USD12m-USD13m, over the three-year period.

According to Koppers, the company provides CSX with various other types of rail joint bar and track component products, treated railroad crossties and other related products and services.

Under the agreement, Koppers will produce the bonded rail joint assemblies for CSX at its Huntington, West Virginia facility.

Koppers is an integrated producer of carbon compounds and treated wood products and is a subsidiary of Koppers Holdings Inc (NYSE:KOP).

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Publication:M2 EquityBites (EQB)
Date:Oct 3, 2011
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