Time is right for rail growth’

AN ECONOMIST for the US fabricating and metalworking industry has sifted through
the current financial rubble of surging oil prices and transportation sector woes
to find a major growth opportunity for manufacturers – the rail business.
“Although in general the transportation arena
has been hit hard by the economic downturn and many traditional areas are in some
distress, one surprise in this
sector is the rail industry with
a solid expectation for growth
given the realities of fuel
costs,” says Dr. Chris Kuehl,
economic analyst for the
Fabricators & Manufacturers Association