Nordco: Parent company of Shuttlewagon, Nordco Rail Services will sell for $400M
A pair of Kansas City-area businesses form the basis of a company that is set to sell for $400 million. The selling company employs about 400 people. The buying company also already has a presence in Kansas City.
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Nordco is a Wisconsin-based manufacturer and supplier of railroad equipment, rail car movers, material handling, and inspection systems for the railway industry.
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