FSTR L.B. Foster Company

Margins & Returns

L.B. Foster Company is a global provider of specialized, engineered, and manufactured solutions tailored for building and infrastructure development. Its "Rail, Technologies, and Services" division supplies new and used rail to diverse clients, including passenger and short-line freight railroads, industrial enterprises, and rail construction contractors. This segment also delivers a comprehensive array of rail accessories, such as track spikes, anchors, bolts, angle bars, and tie plates. Furthermore, it offers specialized items like power rail, direct fixation fasteners, coverboards, and trackwork components, alongside the design and production of insulated rail joints and related parts. The division's portfolio extends to advanced solutions for friction management, railway condition monitoring, wheel impact detection, wayside data collection, and engineered concrete ties, complemented by ongoing aftermarket support. The "Precast Concrete Products" segment manufactures a variety of custom precast concrete items. These include sound barriers, burial vaults, bridge beams, box culverts, septic tanks, and other pre-stressed products designed for the transportation and broader infrastructure sectors. This segment also constructs prefabricated concrete buildings, used as public restrooms, concession kiosks, and protective storage units, primarily for national, state, and municipal parks. Meanwhile, the "Steel Products and Measurement" segment focuses on highway construction and repair, offering bridge decking, railings, fabricated structural steel, expansion joints, and bridge forms. Additionally, this division produces threaded pipe products essential for industrial water wells, irrigation systems, and the oil and gas industry. It also provides protective pipe coatings for energy pipelines and utility applications, as well as precise measurement systems specifically for the petroleum market. The company reaches its customers through both direct sales and an extensive network of agents. Established in 1902, L.B. Foster Company maintains its corporate headquarters in Pittsburgh, Pennsylvania.