L.B. Foster Co.

Architectural & Civil Engineering Products

L.B. Foster Supplying 28,500 Tons of CWR Rail for NECR Vermont Upgrade

Company-Owned CWR Trains Delivering to New England Central Railroad Jobsites PITTSBURGH -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has begun delivering 28,500 tons of 115# standard continuous welded rail (CWR) to New England Central Railroad (NECR), an operating subsidiary of RailAmerica, Inc. for upgrading approximately 140 miles of track. L.B. Foster's specially-equipped CWR trains...

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Mergers & Acquisitions

L.B. Foster Completes Merger of Foster Thomas Company into Portec Rail Products, Inc.

PITTSBURGH, Dec. 29, 2010 - L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) today announced that the merger of Foster Thomas Company with and into Portec Rail Products, Inc. ("Portec") has been effected as of December 27, 2010. Portec is now a wholly owned subsidiary of L.B. Foster. As of the close of trading on December 29, 2010, Portec's common stock will no longer be traded on the NASDAQ...

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Architectural & Civil Engineering Products

L.B. Foster Supplying 28,500 Tons of CWR Rail for NECR Vermont Upgrade

Company-Owned CWR Trains Delivering to New England Central Railroad Jobsites PITTSBURGH -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has begun delivering 28,500 tons of 115# standard continuous welded rail (CWR) to New England Central Railroad (NECR), an operating subsidiary of RailAmerica, Inc. for upgrading approximately 140 miles of track. L.B. Foster's specially-equipped CWR trains...

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Mergers & Acquisitions

L.B. Foster Completes Tender Offer for Shares of Portec Rail Products, Inc.

PITTSBURGH, Dec. 22, 2010 - L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) today announced the expiration of the subsequent offering period offered by its wholly-owned subsidiary, Foster Thomas Company, for its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX). The subsequent offering period expired at 5:00 p.m., New York City...

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Company News

L.B. Foster Completes Tender Offer for Portec Rail Products, Inc. and Commences Subsequent Offering Period

PITTSBURGH, Dec. 15, 2010 - L.B. Foster Company ( L.B. Foster") (Nasdaq: FSTR) today announced that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster's direct wholly-owned subsidiary, Foster Thomas Company, has completed its cash tender offer for Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX). The tender offer...

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Mergers & Acquisitions

L.B. Foster Company and Portec Rail Products, Inc. Announce Agreement with Department of Justice and Filing of Consent Decree

PITTSBURGH, Dec. 14, 2010 - L.B. Foster Company ( L.B. Foster") (Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX) today announced that the Department of Justice ("DOJ") has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster's acquisition of Portec and the sale of certain assets related to Portec's rail joint...

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Mergers & Acquisitions

L.B. Foster Company and Portec Rail Products, Inc. Announce Sale of Certain Assets

Koppers, Inc. to Purchase Portec's Rail Joint Business PITTSBURGH, Dec. 9, 2010 - L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) , announce the signing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings Inc. ("Koppers", NYSE: KOP). Koppers will purchase the assets of Portec's rail...

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Mergers & Acquisitions

L.B. Foster Company Announces Extension of Tender Offer for Portec Rail Products, Inc.

PITTSBURGH, Nov. 15, 2010 - L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) today announced that it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 5:00 p.m., New York City time, on December 15, 2010. The tender offer was previously set to expire at...

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Mergers & Acquisitions

L.B. Foster and Portec Announce Second Amendment to Merger Agreement and Extension of Tender Offer

PITTSBURGH, Aug. 30 -- L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) today announced that they have executed a second amendment (the "Second Amendment") to the Agreement and Plan of Merger dated February 16, 2010 ("Merger Agreement"), which was initially amended on May 13, 2010. Pursuant to the Second Amendment, L.B. Foster and Portec...

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Mergers & Acquisitions

L.B. Foster Company Announces Extension of Tender Offer for Portec Rail Products, Inc

PITTSBURGH, Aug. 16 - L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) today announced that it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 12:00 midnight, New York City time, on August 30, 2010. The tender offer was previously set to expire at...

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Mergers & Acquisitions

L.B. Foster Announces Closing of DM&E Merger

PITTSBURGH, Oct. 5 /-- L.B. Foster Company ( Foster") (NASDAQ:FSTR), today announced that on October 4, 2007 a subsidiary of Canadian Pacific Railway Limited ("CP") consummated its merger with the Dakota Minnesota and Eastern Railroad ("DM&E"), in which Foster held a minority equity interest. In exchange for its DM&E preferred stock, warrants and common stock, Foster received approximately $148.8...

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