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January 8, 2020

Closure of R. J. Corman Railpower Locomotives

After careful deliberation, discussions about the R. J. Corman core business drivers, and mapping further strategic plans for the future, the decision has been made to shut down the R. J. Corman Railpower Locomotives operation in Erie, PA. In the landscape of market trends, continuing to produce genset locomotives is not viable. Remaining works in progress will be completed, and the final closure of the company will take effect on February 29, 2020. This decision has been made in order to align priorities with core competencies. Although this was a hard decision, it was contemplated and planned with strong consideration given to our employees and customers. R. J. Corman’s overall business outlook for the future is strong, and we look forward to continuing to serve a key role in the railroad and related industries.