Nordco

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Nordco, Inc.
IndustryRailroad maintenance equipment
Founded1926
FounderNordberg Manufacturing Company
HeadquartersOak Creek, Wisconsin
Area served
North America
Revenue$175 million (2021)
$40 million (2021)
ParentWabtec
Websitenordco.com

Nordco is an American manufacturer of railroad maintenance of way and inspection equipment, based in Oak Creek, Wisconsin. Founded in 1926, it has been a subsidiary of Wabtec since 2021. The company is one of the top manufacturers of railroad maintenance equipment in North America.

History[]

Nordco was founded in 1926 as a division of Nordberg Manufacturing Company.[1] Nordco was purchased by OMERS Private Equity in 2009.[2] In 2021, Nordco was acquired by Wabtec in a $400 million deal.[3][4]

Acquisitions[]

Nordco purchased Illinois railroad maintenance machinery rebuilder J.E.R. Overhaul in 2006, followed by Connecticut based non-destructive testing company Dapco Industries in 2007.[5] Both of the headquarters of these companies now serve as additional manufacturing facilities for Nordco.

In 2016, Nordco acquired Kansas heavy lift truck manufacturer Royal Tractor.[6]

Products[]

Nordco manufactures and rebuilds a wide variety of maintenance of way vehicles, including tie exchangers, ballast regulators, spike drivers, spike pullers, and tie cranes.[7][8] The company also manufactures equipment for non-destructive rail testing, used to inspect railroad tracks for defects. Products range from portable inspection systems to larger systems based on hirail vehicles.[9] Through the company's Shuttlewagon division, Nordco also produces railcar movers and forklifts.

Subsidiaries[]

  • Dapco Industries
  • J.E.R. Overhaul
  • Nordco Rail Services
  • Shuttlewagon - Railcar mover manufacturer Shuttlewagon is based in Grandview, Missouri. Nordco purchased the company in 2008.[5] In 2016, Shuttlewagon produced the world's first electric railcar mover, the NVX-E.[10] Also in 2016, Shuttlewagon expanded its operations with a new nearly 500,000 square foot facility in Kansas City.[11]

References[]

  1. ^ "Our History". www.nordco.com. Archived from the original on 2020-08-05. Retrieved 2021-08-26.
  2. ^ Staff, BizTimes (2009-06-01). "Nordco acquired by Canadian private equity firm". BizTimes - Milwaukee Business News. Archived from the original on 2021-08-26. Retrieved 2021-08-26.
  3. ^ "Wabtec Acquiring Nordco". Railway Age. 2021-03-23. Archived from the original on 2021-03-24. Retrieved 2021-08-26.
  4. ^ Doughty, Nate (29 July 2021). "Wabtec touts success of recent partnerships as it sees recovery across different rail segments in Q2". American City Business Journals. Archived from the original on 2021-07-30. Retrieved 2021-08-26.
  5. ^ a b "Shuttlewagon Joins Nordco Family of Companies". powderbulksolids.com. 2008-04-15. Archived from the original on 2021-08-26. Retrieved 2021-08-26.
  6. ^ "Nordco Acquires Royal Tractor". powderbulksolids.com. 2016-06-16. Archived from the original on 2021-08-26. Retrieved 2021-08-26.
  7. ^ Cotey, Angela. "Rail Insider-Railroad snow plows, air blowers and switch heaters help combat winter weather". Progressive Railroading. Archived from the original on 2017-09-20. Retrieved 2021-08-26.
  8. ^ Solomon, Brian (2001). Railway maintenance equipment. Osceola, Wis.: MBI Pub. Co. pp. 60, 68, 74, 78. ISBN 0-7603-0975-2. OCLC 46976669. Archived from the original on 2021-08-26. Retrieved 2021-08-26.
  9. ^ "Nordco | Inspection Technologies". www.nordco.com. Retrieved 2021-08-26.
  10. ^ "About Us | Shuttlewagon Mobile Railcar Movers". Shuttlewagon. Archived from the original on 2021-01-21. Retrieved 2021-08-26.
  11. ^ Roberts, Rob (29 November 2016). "Shuttlewagon will expand at Three Trails Industrial Park". Kansas City Business Journal. American City Business Journals. Archived from the original on 1 May 2017. Retrieved 26 August 2021.
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