Greenbrier’s evolution into the global manufacturing and transportation services company that we are today began in the early 20th century at our flagship location in Portland, Oregon.
Wire Wheel Sales and Service, owned by the Gunderson brothers, is formed as a leading steel fabricator in Portland, Oregon.
Peace-time barge building begins at Gunderson Brothers.
Gunderson receives its first order for railcar underframes.
James-Furman & Company acquires Greenbrier Leasing Corporation.
The Company acquires the former Gunderson site from FMC Corporation and changes the name back to Gunderson, Inc.
Greenbrier introduces the Twin-Stack®, an innovative and wildly successful intermodal railcar designed to carry containers stacked two-high. This important car type paved the way for Greenbrier’s success in the railcar manufacturing business.
The rail services division is established, adding repair and refurbishment capabilities to Greenbrier's portfolio of offerings.
The Company completes its initial public offering (IPO) and becomes The Greenbrier Companies, Inc.
Greenbrier expands its railcar production footprint into Mexico through a 50/50 joint venture with Bombardier in Sahagun. The new company is named Gunderson-Concarril and is Greenbrier’s flagship manufacturing facility in Mexico.
The Company acquires Wagony Świdnica SA, a railcar manufacturing facility located in Świdnica, Poland.
The Company introduces the Auto-Max®, a two-unit articulated car carrier with adjustable decks, including a tri-level configuration option.
The Company acquires Bombardier's interest in the Gunderson-Concarril manufacturing facility.
Greenbrier acquires Meridian Rail Services, a leading supplier of wheel maintenance services to the North American freight car industry, with over 25 years of experience.
The Company forms Gunderson-GIMSA S de RL de CV, a joint venuture with Grupo Industrial Monclova, to manufacture new railcars in Frontera, Mexico.
The Company enters the North American tank car market, expanding its product offerings to nearly every type of railcar.
Greenbrier introduces Multi-Max™, a railcar that significantly advances the options for transporting autos by rail. Multi-Max features a patented adjustable deck to allow railroads to shift between bi- and tri-level service, and is the latest in a long line of GBX railcar innovations. (see video)
Greenbrier enters an alliance with Mitsubishi UFJ Lease & Finance (MUL), where MUL plans to acquire a leased railcar portfolio of $1 billion from Greenbrier over a multi-year period. Greenbrier will provide management services for these rail assets in support of MUL.
Greenbrier and Watco Companies join forces to create a world-class network of railcar repair shops, GBW Railcar Services. GBW ranks as one of the largest independent railcar repair shop networks in North America, led by railroad industry veteran, Jim Cowan, as CEO. (GBW Railcar Services Homepage)
Responding to growing safety concerns surrounding increasing levels of hazardous tank car shipments, Greenbrier introduces The Tank Car of The Future, featuring safety enhancements that were ultimately adopted by PHMSA as part of a new industry standard, the DOT-117 tank car. (see video)
On July 14th, Greenbrier executives visit the New York Stock Exchange (NYSE) to celebrate the 20-year anniversary of listing. To mark the occasion, Director Victoria McManus rings the closing bell.
Greenbrier opens Plant 3, a wholly owned state-of-the-art manufacturing facility in Tlaxcala Mexico. Plant III expands Greenbrier’s flexible manufacturing footprint. The first railcars to roll off the lines at Plant 3 are gondolas and Greenbrier’s Tank Car of The Future.
Greenbrier launches articulated tug barge (ATB) Kirby 185-01 at Gunderson facility in Portland, Oregon, the largest barge ever manufactured in Gunderson’s storied history. (full story here)
Greenbrier acquires a 19.5% stake in Amsted-Maxion Hortolandia, the leading railcar manufacturer in South America, for approximately $15 million. The acquisition positions Greenbrier to capitalize on growing demand in Brazil, where Amsted-Maxion has a 70% share of the new freight railcar market.
Greenbrier reports record fiscal year net earnings of $192.8 million on revenue of $2.61 billion. Greenbrier also achieves record adjusted EBITDA of $433.8 million, or 16.7% of revenue. (press release here)
In 2016, Greenbrier and Sumitomo Corporation of Americas formed a 50/50 joint venture to establish a leading axle machining facility on West Coast to support growing intermodal rail activity and create value for customers and partners.
Greenbrier exercises options to increase strategic investments in Brazil, increasing ownership position in Amsted-Maxion Equipamentos E Serviços Ferroviários S.A. ("Greenbrier-Maxion") from 19.5% to 60%.
The combination of Greenbrier and Astra Rail creates Europe's largest end-to-end freight railcar manufacturing, engineering and repair business to reach markets throughout Europe, Eurasia, and Gulf Cooperation Council (GCC) countries like Saudi Arabia. Greenbrier controls Greenbrier-Astra Rail with an equity interest equal to approximately 75%.
Greenbrier and Mitsubishi UFJ Lease & Finance (MUL) Sign Agreement for more than $1.0 Billion in Railcar Business in North America.
MUL intends to grow its portfolio from 5,000 railcars to a total of 25,000 railcars over the next four years. The MOU includes a multi-year purchase commitment by MUL for 6,000 newly-manufactured railcars from Greenbrier through 2020.