Tue, Dec 4, 2012 01:00 AM
LAKE OSWEGO, Ore., Dec. 4, 2012 /PRNewswire/ -- The Greenbrier Companies, Inc. [NYSE:GBX] announced today that Martin Graham will join the company on January 2, 2013, as Executive Vice President of Materials Management, Engineering and Operations for Greenbrier Manufacturing North America. He will report to Alejandro Centurion, president of Greenbrier manufacturing for North America.
In this new role, Mr. Graham will have direct responsibility for engineering, purchasing, and production control functions. He is expected to lead improvements across Greenbrier's new railcar manufacturing platform and drive execution and margin enhancement. In its 2012 fiscal year ended August 31, 2012, Greenbrier had manufacturing revenue of $1.25 billion and gross margin of $132 million.
Graham is well known in the railcar industry with over 21 years experience in senior leadership roles. He previously served as the President of Trinity Rail North American Freight, a division of Trinity Industries, Inc., where he oversaw all aspects of Trinity's freight car operations in the U.S., Canada, and Mexico. Prior to joining Trinity Rail, Graham served as President and Chief Operating Officer at Thrall Car Manufacturing Co. where he was responsible for all business activities in North America and Europe.
"We are particularly fortunate to have a seasoned executive of Martin's caliber join the Greenbrier organization," said William A. Furman, Greenbrier's president and chief executive officer. "He is widely respected for his extensive knowledge of railcar manufacturing and leasing, including tank cars. He has vast international experience and is a proven industry leader."
"Martin will be a tremendous addition to our executive team, and our entire organization will benefit from his expertise," Furman added.
"Greenbrier's North American manufacturing revenues in 2012 are about five times those in 2010," said Centurion. "We continue to build a strong manufacturing team to keep up with this increase. I am pleased that Martin is joining us. His talent and experience in all phases of freight car manufacturing will complement and strengthen our organization."
During the previous fiscal year, Greenbrier produced a record number of tank and railcars and opened a third production facility in Mexico while introducing other production lines across its North American operations, supporting a broad manufacturing capability in various freight car types.
Greenbrier, (www.gbrx.com), headquartered in Lake Oswego, Oregon, is a leading supplier of transportation equipment and services to the railroad industry. Greenbrier builds new railroad freight cars in its four manufacturing facilities in the U.S. and Mexico and marine barges at its U.S. facility. It also repairs and refurbishes freight cars and provides wheels and railcar parts at 39 locations across North America. Greenbrier builds new railroad freight cars and refurbishes freight cars for the European market through both its operations in Poland and various subcontractor facilities throughout Europe. Greenbrier owns approximately 11,000 railcars, and performs management services for approximately 219,000 railcars.
SOURCE The Greenbrier Companies, Inc. (GBX)