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Vertex Railcar
Vertex Railcar was a jointly owned Chinese-American manufacturer of railroad rolling stock. It was founded in 2014 and operated a facility in Wilmington, North Carolina that builds freight railcars. The manufacturer closed operations at end of 2018. The company was founded as Vertex Rail Technologies, based in Massachusetts, in 2014, and publicly announced in November its plans to purchase a former Terex manufacturing facility in Wilmington and convert it to railcar construction. The cost of renovating the factory was estimated at $60 million, and Vertex said that it would employ 1,300 people at full-scale production. In April 2015, Vertex Rail Technologies entered into a joint venture with Chinese manufacturer CRRC Corporation and Hong Kong-based private equity firm Majestic Legend Holdings, under which the manufacturing operation was named Vertex Railcar, CRRC provided railcar designs and some components, and Majestic Legend invested $6 million. Once Vertex received regulator ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilmington, North Carolina
Wilmington is a port city in and the county seat of New Hanover County in coastal southeastern North Carolina, United States. With a population of 115,451 at the 2020 census, it is the eighth most populous city in the state. Wilmington is the principal city of the Wilmington Metropolitan Statistical Area, a metropolitan area that includes New Hanover and Pender counties in southeastern North Carolina, which had a population of 301,284 at the 2020 census. Its historic downtown has a Riverwalk, developed as a tourist attraction in the late 20th century. In 2014, Wilmington's riverfront was ranked as the "Best American Riverfront" by readers of ''USA Today''. The National Trust for Historic Preservation selected Wilmington as one of its 2008 Dozen Distinctive Destinations. City residents live between the Cape Fear river and the Atlantic ocean, with four nearby beach communities just outside Wilmington: Fort Fisher, Wrightsville Beach, Carolina Beach and Kure Beach, all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terex
Terex Corporation is an American worldwide manufacturer of lifting and material-handling plant for a variety of industries including construction, infrastructure, quarrying, recycling, energy, mining, shipping, transportation, refining and utilities. The company's major business segments include aerial work platforms, construction cranes, bulk-material hauling machines, road-paving machines, and container-port cranes. Corporate history General Motors The Terex name has its origin as a division of General Motors. Due to a 1968 Justice Department ruling, General Motors was required to stop manufacturing and selling off-highway trucks in the United States for four years and divest the Euclid brand name. GM coined the "Terex" name in 1968 from the Latin words "terra" (earth) and "rex" (king) for its construction equipment products and trucks not covered by the ruling. IBH Holding General Motors sold the Terex division to German firm IBH Holding AG led by Horst-Dieter Esch de i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CRRC Corporation
CRRC Corporation Limited (known as CRRC) is a Chinese state-owned and publicly traded rolling stock manufacturer. It is the world's largest rolling stock manufacturer in terms of revenue, eclipsing its major competitors of Alstom and Siemens. It was formed on 1 June 2015 through the merger of CNR and CSR. As of 2016 it had 183,061 employees. The parent company is CRRC Group, a state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council. The State Council also owned additional shares via China Securities Finance and Central Huijin Investment. History CNR Group and CSR Group, were once one company, (LORIC). The company was split up in 2002. In late 2014, CNR Group and CSR Group agreed to merge, subject to approval by the Chinese state. Under the agreement, CNR Group would formally acquire CSR Group (but CSR Corporation Limited would acquire China CNR Corporation Limited), and the combined business would be ren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Majestic Legend Holdings
Majestic or The Majestic may refer to: Arts and entertainment Film * ''The Majestic'' (film), a 2001 film starring Jim Carrey * ''Majestic'' (film), a 2002 Indian film * The main antagonist of 50 Cent's 2005 film ''Get Rich or Die Tryin''' Music Bands * Majestic (band), a former power metal band * Majestic (producer), English DJ and record producer Albums * ''Majestic'' (Gamma Ray album), 2005 * ''Majestic'', 2010, by ReinXeed * ''Majestic'' (Kari Jobe album), 2014 * '' Majestic: Revisited'', a 2015 Kari Jobe album Songs * "The Majestic", from the 1961 ''Runaround Sue'' album by Dion * "Majestic", from the 1981 '' Captured'' album by Journey * "Majestic", a 2008 single by Wax Fang Other uses in arts and entertainment * ''Majestic'' (video game), a 2001 alternate reality video game * Mr. Majestic, a WildStorm Comics superhero Buildings * Majestic Building (other) * Majestic Cinema (other) * Majestic Hotel (other), a list of hotels, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association Of American Railroads
The Association of American Railroads (AAR) is an industry trade group representing primarily the major freight Rail transport, railroads of North America (Canada, Mexico and the United States). Amtrak and some regional Commuter rail in North America, commuter railroads are also members. Smaller freight railroads are typically represented by the American Short Line and Regional Railroad Association (ASLRRA), although some smaller railroads and railroad holding companies are also members of the AAR. The AAR also has two associate programs, and most associates are suppliers to the railroad industry. Creation AAR was created October 12, 1934, by the merger of five industry-related groups: * The American Railway Association * The Association of Railway Executives * The Bureau of Railroad Economics * The Railway Accounting Officers Association * The Railway Treasury Officers Association William George Besler was its first President. Facilities and subsidiaries The AAR is headquarter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DOT-117 Tank Car
The DOT-117 (TC-117 in Canada) is a type of unpressurized tank car in use on North American railroads. The DOT-117 design was developed in the aftermath of the Lac-Mégantic rail disaster of 2013 in an effort to upgrade the specifications of the then-common DOT-111 and CPC-1232 designs. It was announced on May 1, 2015 by the United States Federal Railroad Administration (FRA) and Canada's Transport Canada (TC). The specifications require that the tank shells be constructed out of steel, with 11-gauge () sheet metal jackets, thick head shields on the ends of the tanks, and improved valves over previous designs. In order to implement the DOT-117 standard, the FRA and TC required that all new tank cars constructed after October 1, 2015 be built to the specification. The agencies also imposed a retrofit schedule to bring in-service cars up to DOT-117 standards. Depending on the volatility of the cargo carried, DOT-111 and CPC-1232 cars would be banned in certain services in a se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hydraulic Fracturing
Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. Hydraulic fracturing began as an experiment in 1947, and the first commercially successful application followed in 1950. As of 2012, 2.5 million "frac jobs" had been performed worldwide on oil and gas wells, over one million of those within the U.S. Such treatment is generally necessary to achieve adequate flow rates in shale gas, tight ga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Rolling Stock Manufacturers Of The United States
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In North Carolina
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 2014
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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