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Tag: Johnstown

Lockheed Martin Announces Johnstown Facility To Build Parts For New F-16’s

JOHNSTOWN, Pennsylvania, Sept. 2, 2021 — Lockheed Martin (NYSE: LMT) announced today it would bring new F-16 manufacturing work to its facility in Johnstown, Pennsylvania. The work will generate 80 new jobs in the city and the company plans to lease a new building to accommodate it. 

Wayne Davis, director at Lockheed Martin’s Johnstown site, says Lockheed Martin continues to see demand for new F-16s around the world, requiring development of additional parts manufacturing sites to ensure it can keep up with demand.

F-16 parts to be produced in Johnstown include the aft engine access covers, engine access doors, F-1 fuel tank, and inlet. Upon completion in Johnstown, the parts will be shipped to Greenville, South Carolina, for final assembly and integration into the F-16s on the production line. This is in addition to F-16 component and sub-assembly work already performed at the site today.

Early work in Johnstown will kick off this year, with the bulk of hiring and other significant efforts beginning in 2022. In addition to the F-16 work, the Johnstown facility also provides parts and services for the F-35 and F-22 fighter jets, and the C-130 military transport aircraft.

In addition to the nearly 400 jobs already in place at the site today, Lockheed Martin maintains a strong presence in the Johnstown community, giving more than $42,000 to local organizations and efforts last year.

FreightCar America Closing its Roanoke Manufacturing Facility

  • Closure represents next step in the Company’s long-term cost and footprint reduction strategies
  • When complete in early 2020, the Company is expected to save $5 million per year in fixed costs

CHICAGO, July 22, 2019 (GLOBE NEWSWIRE) — FreightCar America, Inc. (RAIL) announced today that it has started the process to permanently close its Roanoke, Virginia manufacturing facility. The Company will retain the necessary workforce to build cars at the facility through November.

“The closure of our Roanoke facility is another next step in our ‘Back to Basics’ strategy as we continue to streamline our manufacturing footprint and match it to our future product offering,” said Jim Meyer, President and Chief Executive Officer of FreightCar America. “Reducing our fixed costs and achieving world-class output from our much larger Shoals facility have always been core pillars of our turnaround strategy.”

Meyer added, “We have spent the last two years building our talent, processes and overall capabilities at Shoals and the plant is now in a position to accept the Roanoke models and volume. This action, when complete in the first half of 2020, is expected to save approximately $5 million per year.”

Meyer concluded, “Our people at Roanoke have consistently performed above all expectations. We are extremely thankful for everything they have given the Company.”

The Company will offer select employees the opportunity to relocate to other parts of the business.

About FreightCar America

FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars through its FreightCar America Leasing Company subsidiaries. FreightCar America designs and builds high-quality railcars, including bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars, boxcars and coal cars. It is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Grand Island, Nebraska; Johnstown, Pennsylvania; Roanoke, Virginia; and Shanghai, People’s Republic of China. More information about FreightCar America is available on its website at www.freightcaramerica.com