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Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sun., Apr. 28, 11:44 AM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #63. L.B. Foster Ball Winch Pipeline Services

Acquirer: L.B. Foster (NASDAQ:FSTR)
Acquiree: Ball Winch Pipeline Services
Details: Pittsburgh, PA-based L.B. Foster Company (NASDAQ: FSTR) today announced it has acquired Ball Winch Pipeline Services, LLC., a privately-owned company that applies specialty pipe coatings and provides field services for the oil and gas, mining, water and waste water industries. Ball Winch's unique position as a custom coater of specialty fittings and field connections brings new growth to L.B. Foster's existing coating capabilities.

L.B. Foster is a solutions provider of engineered, manufactured products and services that builds and supports infrastructure. Co.'s business segments include: Rail, Technologies, and Services (Rail), Precast Concrete Products (Precast), and Steel Products and Measurement. Co.'s Rail segment provides a variety of products, solutions, and services for freight and passenger railroads and other industrial companies. The Precast segment manufactures precast concrete products. Under its CXT® brand, Precast manufactures restrooms, concession stands, and other protective storage buildings. Co.'s Steel Products and Measurement segment provides custom engineered solutions and services.

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Company Name:  Foster (L.B.) Co
Stock buyback:  FSTR buyback
Website:  www.lbfoster.com
Sector:  Metals Fabrication & Products
Number of ETFs Holding FSTR:  5
Total Market Value Held by ETFs:  $15.13M
Total Market Capitalization:  $270.00M
% of Market Cap. Held by ETFs:  5.60%
 

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April 28, 2024    11:44 AM Eastern
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Hold (2.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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