L.B. Foster Company News
CXT(R) Inc. Subsidiary of L.B. Foster Awarded Federal Government Contracts
PITTSBURGH, July 25 PRNewswire-FirstCall — Pittsburgh-based L.B. Foster Company (Nasdaq: FSTR) announced today that CXT(R) Inc. (L.B. Foster's wholly owned subsidiary and herein "L.B. Foster") has been awarded a new five-year agreement with the US Forest Service (FS) and a five-year extension of a previous US General Services Administration (GSA) agreement to supply its CXT Concrete Buildings nationally. These contracts allow various federal government agencies to purchase these buildings under favorable terms from the Company.
Per Gary Burger, National Sales Manager, its buildings present a very unique value for their customers. "Our concrete restrooms are fabricated with high strength precast concrete to meet all local building codes and textured to match local architectural details. All of our buildings are designed to meet A.D.A. requirements and to withstand snow, wind and zone-4 seismic loads. The all-concrete construction also makes the buildings easy to maintain and withstand vandalism. The Company's various restrooms, showers and concession buildings are available in multiple designs, textures and colors and delivered complete and ready-to-use, including plumbing and electrical where applicable. With over 10,000 installations nationwide, we believe that we are the leader in prefabricated concrete restrooms."
According to David Steiger, Vice President, "These agreements make it easy for federal government agencies to purchase our precast concrete buildings. In turn, we can process and expedite their orders very efficiently. We view the federal government as a key customer of our go-to-market strategy to aggressively grow our business in the future."
The Company also has numerous state contracts which allow various state and local agencies to purchase directly from them as well.
The Company manufactures these precast concrete buildings at facilities in Spokane, WA and Hillsboro, TX.
L.B. Foster Company is a leading manufacturer, fabricator and distributor of products for rail, construction, utility and energy industries.
The Company can be contacted via telephone at 412-928-3400 or 1-800-255-4500, via its corporate website at http://www.lbfoster.com or via the newly designed website for CXT Concrete Buildings at http://www.cxtinc.com.
CXT(R) is a registered trademark of L.B. Foster Company.
Contact Information: Jake Fuellhart (412) 928-5645 or jfuellhart@lbfosterco.com
SOURCE L.B. Foster Company
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