The Greenbrier Companies is an American publicly traded transportation manufacturing corporation based in Lake Oswego , Oregon , United States. Greenbrier specializes in transportation services, notably freight railcar manufacturing, railcar refurbishment and railcar leasing/management services. The company is one of the leading designers, manufacturers and marketers of rail freight equipment in North America and Europe. It also has operations in South America, Poland, Romania and Turkey. Greenbrier is a leading provider of railcars, wheelsets, parts, management, leasing and other services to the railroad and related transportation industries in North America. As of August 31, 2021, Greenbrier employs 15,400 people across its global operations. Formed in 1981 and publicly traded since 1994, the company generates revenues of US$ 3.49 billion.
60-578: The company has manufacturing facilities in Paragould and Marmaduke , Arkansas ; Świdnica , Poland ; Hortolândia , Brazil ; and Adana , Turkey , as well as three railcar manufacturing facilities in Mexico ( Monclova , Ciudad Sahagún , and Tlaxcala ) and three in Romania ( Arad , Caracal , and Drobeta-Turnu Severin ). In 1919, Chester Ellsworth Gunderson, the son of a Swedish immigrant, founded
120-525: A MyNetworkTV / Quest affiliated TV station serving the Jonesboro and Memphis markets, and owned by HC2 Holdings . K17LV-D, translator station of ABC / NBC / CW+ affiliated station KAIT in Jonesboro, and owned by Atlanta -based Gray Television . Arkansas Methodist Medical Center is Paragould's only hospital. The 127-bed acute-care hospital's campus includes a professional office building with
180-623: A 68% ownership stake in Rayvag. In 2019, Greenbrier launched its first environmental, social and governance (ESG) report. Since then, it has adopted the Sustainability Accounting Standards Board (SASB) reporting framework. Also in 2019, Greenbrier acquired American Railcar Industries (ARI), a transaction valued at $ 400 million. The acquisition added two railcar manufacturing and two railcar component and part producers to Greenbrier's operations, increasing
240-422: A community wellness center. On December 15, 2012, it was announced that "beginning in 2013, the department would deploy a new street crimes unit to high crime areas on foot to take back the streets." The remaining town hall meetings to inform the public of the new plan were cancelled due to the volume of threats received as a result of national media exposure. This was done for public safety, as continuing to hold
300-468: A joint venture "under which each company would own half of the unit and National would get $ 250 million plus four million shares of Memorex Telex". However, National proceeded to negotiate with Hitachi after Memorex's offer expired as National had felt that the Hitachi–EDS offer was a better deal as it entailed no further financial obligation or commitment on the part of National after the sale besides reaping
360-580: A part of Hitachi Vantara . In 2010, Hitachi Data Systems sold through direct and indirect channels in more than 170 countries and regions, with customers that included over half of the Fortune 100 companies at the time. It was a subsidiary of Hitachi and part of the Hitachi Information Systems & Telecommunications Division until 2017. In 2017, it merged with Pentaho and Hitachi Insight Group to form Hitachi Vantara. Itel
420-593: A pre-tax profit of $ 200 million from the sale. By that time, Memorex Telex was able to arrange financing for the deal, but National had already accepted the Hitachi–EDS deal. The acquisition was envisaged to provide Hitachi with a better presence in the United States to compete with IBM. The entity was renamed Hitachi Data Systems (HDS). On January 29, 1999, Hitachi announced it would take over EDS' stake in HDS, appointing Jun Naruse as CEO of its new subsidiary. Naruse
480-482: A railcar syndications platform as a function of its leasing business. Greenbrier Management Services (GMS) facilitates operations on almost every Class I railroad . GMS offers services such as railcar maintenance management, car hire processing, regulatory compliance and railcar re-marketing. Paragould, Arkansas Paragould is the county seat of Greene County , and the 19th-largest city in Arkansas , in
540-618: A ranking of No. 16 in its “40 Best Companies for Leaders” list for 2012. Hitachi Data Systems was recognized among the "Best Companies to Work For" in France and Poland in 2011. In 2010 Hitachi Data Systems was accredited by the Best Companies organization in the United Kingdom. Hitachi TrueCopy , formerly known as H itachi O pen R emote C opy (HORC) or Hitachi Remote Copy (HRC) or Hitachi Asynchronous Remote Copy (HARC),
600-545: A result of unfavorable exchange rates and lower operating costs in Mexico. In 1991, Greenbrier established its rail services division, adding to its maintenance and refurbishment capabilities. In 1998, the company acquired Polish railcar manufacturer Wagony Świdnica. The same year, Greenbrier formed a joint venture with Bombardier Inc. in a former Concarril facility located in Sahagún , Mexico. In 2004, Bombardier's stake in
660-487: A successful facility and continues to produce oceangoing barges. In 1970, the Commercial Metals Company and M.D. Friedman companies jointly formed a flatcar leasing company called Greenbrier Leasing Corporation. In 1981, Commercial Metals sold the company to Alan James and William A. Furman, the owners of James-Furman & Company and founders of The Greenbrier Companies. In 1985, Greenbrier entered
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#1732801998430720-812: A wholly owned railcar manufacturing facility in Tlaxcala , Mexico . The company also acquired a 19.5% stake in Amsted-Maxion Hortolândia , a Brazilian railcar manufacturer, for US$ 15 million; Greenbrier took a majority interest of Greenbrier Maxion in 2017. Additionally in 2015, the Saudi Railway Company (SAR) awarded Greenbrier a contract with the Public Investment Fund (PIF) to manufacture nearly 1,200 tank wagons. In 2016, The Greenbrier Companies and AstraRail Management ( AstraRail Industries , Romania ) announced
780-513: A wholly owned subsidiary of Hitachi. For many years, HDS sold Hitachi IBM plug-compatible mainframes and storage systems, but in 2000, it exited the mainframe business and shifted its focus to enterprise storage. On February 28, 1989, National Semiconductor and Hitachi announced their agreement that Hitachi and Electronic Data Systems (EDS) would jointly acquire NAS for $ 398 million in cash, of which Hitachi would own 80%. Memorex Telex and National had earlier, on January 10, 1989, announced plans on
840-441: Is a point of contact for citizens, while various boards and commissions assist with governmental functions. The city's primary utility provider is Paragould Light Water Water and Cable. Its formerly used City Light and Water Building from 1938 has faced demolition. Paragould is home to Crowley's Ridge College , and a campus of Black River Technical College . Paragould has two public school districts serving different parts of
900-494: Is a remote mirroring feature from Hitachi Data Systems storage arrays available for both open systems and IBM z/OS . Truecopy is an implementation of IBM's PPRC protocol. Synchronous TrueCopy causes each write to the primary volume to be performed to the secondary as well, and the I/O is considered complete only when updates to both primary and secondary have been completed. Asynchronous TrueCopy stores time-stamped IO packets in
960-598: Is land and 0.2 square miles (0.4 km ), or 0.52%, is water. Paragould has a humid subtropical climate ( Köppen climate classification Cfa ). As of the 2020 United States census , there were 29,537 people, 10,755 households, and 7,439 families residing in the city. As of the 2010 United States Census , there were 26,113 people living in the city. The racial makeup of the city was 94.4% White, 0.8% Black, 0.4% Native American, 0.3% Asian, <0.1% Pacific Islander, <0.1% from some other race and 1.2% from two or more races. 2.8% were Hispanic or Latino of any race. As of
1020-526: The 2010 census . The city's name is a blend combining the last names of competing railroad magnates J. W. Paramore and Jay Gould . Paramore's Texas & St. Louis Railway (later the Cotton Belt) and Gould's St. Louis, Iron Mountain and Southern Railway (later the Missouri Pacific) intersected here in 1882. A group of citizens chose the name, and it is believed to be the only city in
1080-485: The Itel Corporation . Also in the 1980s, the company developed "Twin-Stack" wells for double-stack rail transport of intermodal containers in a joint venture with Greenbrier. The Twin-Stack became an important product, with approximately 3,000 being produced in 1990. By 2018, Greenbrier produced over 100,000 intermodal wells. In 1985, MRED was acquired by The Greenbrier Companies. The Gunderson plant remains
1140-640: The Library of Congress . In 2014, Greenbrier announced a railcar maintenance joint venture company with Watco called GBW Railcar Services. In, 2018, Greenbrier and Watco announced the discontinuation of the joint venture to allow both companies to better capitalize on railcar maintenance demands in the North American market. Under the agreement, the railcar maintenance shops and employees at each location were returned to management by their previous operators. In 2015, Greenbrier opened Greenbrier Tlaxcala,
1200-735: The Oregon Historical Society . In 2022, Greenbrier's founder and CEO Bill Furman stepped down as CEO and retired the office of Executive Chairman. The Board of Directors appointed then-President & Chief Operating Officer Lorie Tekorius to CEO & President. Furman remained a director through the expiration of his term in January 2024. In 2023, Greenbrier sold the Gunderson Marine facility to Oregon Green Manufacturing, marking its exit from marine manufacturing. GBX Leasing also became wholly-owned by Greenbrier after
1260-668: The United States Navy ; in 1941, a loan from the Navy enabled Gunderson Bros. to build a shipyard. During the same period, the company's continued debts caused the Federal Government to take the original factory as security. The company also constructed lifeboats, landing crafts and other vessels, as well as trailers for the United States Army . A shortage of manpower also led to the first women working in
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#17328019984301320-478: The census of 2000, there were 22,017 people, 8,941 households, and 6,133 families living in the city. The population density was 714.6 inhabitants per square mile (275.9/km ). There were 9,789 housing units at an average density of 317.7 per square mile (122.7/km ). The racial makeup of the city was 97.9% White, <0.1% Black or African American, 0.4% Native American, 0.2% Asian, <0.1% Pacific Islander, 0.6% from other races, and 0.9% from two or more races. 1.3% of
1380-522: The 1950s and 1960s. By the 1970s, the company was building vessels as long as 650 ft (200 m) and as wide as 100 ft (30 m). Other postwar business lines included metal water towers , large-scale metal storage tanks, bridges and structural steel for buildings, as well as specialized equipment such as metal slipways for the McNary Dam (1950s), a dry dock for the Port of Portland (1963) and
1440-513: The AutoMax and Multi-Max. Greenbrier Europe produces conventional freight railcars at Greenbrier Wagony Świdnica ( Świdnica , Poland ) and Greenbrier AstraRail ( Arad , Drobeta-Turnu Severin and Caracal , Romania ). Greenbrier operates Rayvag, a railcar manufacturing company in Adana , Turkey . Rayvag also provides maintenance services and manufactures bogies and spare parts for railcars in
1500-508: The Marine and Rail Equipment Division of FMC (MRED). In 1979, it produced more than 6,000 railcars. The following year, however, the early 1980s recession began. Many orders were cancelled and new orders plummeted; in 1982, only 25 railcars were built. Simultaneously, new developments in rail freight transport led to new products, such as multi-platform articulated spine car sets (used for TOFC transportation of highway semi-trailers ) built for
1560-574: The Middle East, and Africa. The culture of Hitachi Vantara is influenced by the values of Hitachi : wa (harmony, trust, and respect), Makoto (integrity, honesty), and kaitakusha-seishin (pioneering spirit and challenges). Hitachi Data Systems appeared in Fortune magazine's "100 Best Companies to Work For" list in 2012, 2013 and 2014 and was ranked No. 8 in the Fortune list of top-paying companies in 2012. Chief Executive Magazine gave HDS
1620-646: The National Advanced Systems (NAS) division, assembling and selling IBM-compatibles where the central processing unit (CPU) was imported from Hitachi. National and Hitachi relied upon IBM's gradual and restrained roll-out of newer models to support IBM's technology and market share, which supported NAS's occasional successes. NAS began shipping its AS/9000 DPC plug compatible mainframes in late 1981. IBM, however, had invested and obtained success in semiconductor technologies which enabled them to build powerful computers at lower costs. Meanwhile,
1680-570: The Oregon manufacturing market through the acquisition of MRED and renamed it Gunderson, Inc. By the early 1990s, the company's sales and profits increased dramatically due to an increase in North American rail freight development and transportation needs. The company went public in 1994 and, in 1995, acquired TrentonWorks , another rail freight rolling stock manufacturing facility in Nova Scotia, Canada . The TrentonWorks facility closed in 2007 as
1740-480: The Thunder 9200, a mid-range modular storage system aimed at the small and medium business market, sold mainly through resellers. Hitachi Data Systems high-end and mid-range modular storage systems were complemented by software for storage management, content management, business continuity, replication, data protection, and IT operations. In 2002, Hitachi acquired Comstock Systems Corp, and analysts estimated that
1800-643: The United States. The city is located in northeastern Arkansas on the eastern edge of Crowley's Ridge , a geologic anomaly contained within the Arkansas Delta . Paragould is the principal city of the Paragould, Arkansas Micropolitan Statistical Area and is also a part of the Jonesboro-Paragould Combined Statistical Area . The population of Paragould was 29,537 as of the 2020 Census , compared to 26,113 at
1860-653: The Wire Wheel Sales & Service Company, acting as a distribution partner for the Houk Company , a Pennsylvania-based wire wheels manufacturer. His brother, Alvin Gunderson, joined the company in 1923. In 1925, the company became the Wheel & Rim Service Inc. By the 1930s, the company had expanded into other automobile parts servicing. After an unsuccessful foray into the fertilizer distribution business,
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1920-515: The acquisition would lead to a 35% percent market share. HDS moved to use the term cloud computing , culminating with an announcement on October 25, 2011. In August 2014, in partnership with Avnet , HDS announced cloud partners. The corporate headquarters are in Santa Clara, California , with business offices in the United States, Australia and New Zealand, Canada, Latin America, Europe,
1980-522: The city was $ 30,815, and the median income for a family was $ 39,431. Males had a median income of $ 28,103 versus $ 20,623 for females. The per capita income for the city was $ 18,076. About 8.4% of families and 12.0% of the population were below the poverty line , including 12.1% of those under age 18 and 12.1% of those age 65 or over. Paragould is governed by a mayor and city council. Other city offices include an attorney, treasurer, and chief administrative officer. A city clerk records government activity and
2040-757: The city: the Greene County Tech School District and the Paragould School District . It also has Crowley's Ridge Academy and St. Mary's Catholic School private school systems. The Northeast Arkansas School District was formed on July 1, 1985, by the merger of the former Paragould School District with the Oak Grove School District. By 1997 the name of the new district became the Paragould School District. KPMF-LD ,
2100-868: The company acquired Longwood Group's minority interest. Later that year, Greenbrier sold its ownership stake in Rayvag to its joint venture partner and founded Greenbrier Vagon in Turkey. Greenbrier operates five new railcar manufacturing facilities in North America: Greenbrier Paragould ( Paragould, Arkansas ), Greenbrier Marmaduke ( Marmaduke, Arkansas ), Greenbrier Sahagún ( Sahagún , Mexico ), Greenbrier Tlaxcala ( Tlaxcala, Mexico ) and Greenbrier GIMSA ( Monclova, Mexico ). Equipment manufactured includes intermodal and conventional railcars, including boxcars, center partitions, covered hoppers, double stacks, flatcars, gondolas, tank cars, auto racks, and two proprietary automobile carriers:
2160-493: The company began to manufacture trailers, which required an investment of over $ 12,000. In 1937, the company began manufacturing dual-axle trailers suitable for on- and off-road use. The new trailer design was a commercial success and, in 1938, the incorporated company Gunderson Bros. was formed with its factory in Linnton, Portland, Oregon . In 1941, the company began building barges. The company distributed, installed and pioneered
2220-424: The company's U.S.-based workforce and insulating it from uncertainties related to North American free trade. In 2021, Greenbrier formed GBX Leasing, a joint venture with The Longwood Group, a Chicago-based transportation equipment advisory and asset management firm, to develop an owned portfolio of leased railcars to be built primarily by Greenbrier. In 2021, Greenbrier was recognized as an "Oregon History Maker" by
2280-540: The construction sheds. In 1942, the company became Gunderson Bros. Engineering Corporation. After World War II, the Linnton facility was closed and the company owned comprehensive facilities for large-scale metal engineering as well as a slipway for launching ships at the Front Avenue manufacturing facility. Construction of marine vessels such as tugs, peacetime barges, trawlers and more specialized craft continued in
2340-410: The county to Booker T. Washington High School in Jonesboro . In 1957, facing mandated integration , Jonesboro terminated this practice. Prior to 1982, no hotel in Paragould would allow Black people to spend the night. In 1983, when two Black Union Pacific workers attempted to eat at a restaurant, they were locked out. When police reached the scene, they accused the workers of attempting to break into
2400-591: The mainframe market was in decline as mini and microcomputers , and the Unix operating system gained popularity. Mainframe makers such as Sperry , Honeywell , Burroughs , NCR and Control Data were gradually being forced out of the mainframe market. Both NAS and Amdahl (the other IBM plug-compatible mainframe maker), faced technological and sales pressure from IBM. National Semiconductor and its subsidiary NAS were sued in 1983 by IBM for $ 2.5 billion on charges of using computer technology secrets stolen from IBM, as
2460-473: The meetings may have posed a danger to attendees. The planned unit was not deployed. The documentary short film Udaan (2021) was made by Pakistani film maker Amman Abbasi about Baneen Khan, a female Pakistani student from Karachi enrolling at Black River Technical College . Itel Corporation Hitachi Data Systems (HDS) was a provider of modular mid-range and high-end computer data storage systems, software , and services. Its operations are now
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2520-448: The merging of their European activities into a joint venture, Greenbrier AstraRail. As part of the agreement, Greenbrier agreed to pay AstraRail $ 60 million. The joint venture eventually became 75% owned by Greenbrier. In 2018, Greenbrier completed an agreement between Turkish railcar manufacturer and maintenance and parts services provider Rayvag Vagon Sanayi ve Ticaret A.S and Greenbrier's European subsidiary, Greenbrier AstraRail, to take
2580-436: The origins of the company had a history that stretched back to Itel, an early player in the mainframe market. Intel's Computer Products Group sold National Semiconductors' IBM plug compatible mainframes . In 1979 National Semiconductor took over Itel and formed National Advanced Systems (NAS). NAS shifted from manufacturing mainframes and began marketing systems from Hitachi. In 1999, Hitachi bought out EDS's share, and HDS became
2640-433: The population were Hispanic or Latino of any race. There were 8,941 households, out of which 31.9% had children under the age of 18 living with them, 53.7% were married couples living together, 11.4% had a female householder with no husband present, and 31.4% were non-families. 27.5% of all households were made up of individuals, and 13.0% had someone living alone who was 65 years of age or older. The average household size
2700-516: The region. Maintenance Services (previously known as GRS) sells reconditioned wheelsets and provides wheel services throughout the United States. Maintenance Services. It also reconditions, manufactures and sells railcar parts and operates an independent railcar maintenance and repair shop network across the U.S. Together, Greenbrier Leasing Company LLC (GLC) and GBX Leasing (GBXL) own railcar lease fleets in North America. Greenbrier also runs
2760-520: The restaurant. An informal ban on hiring African-Americans was alleged to exist in Paragould until at least 2002. Paragould is located southeast of the center of Greene County. U.S. Routes 412 and 49 intersect in the city west of downtown. US 412 leads east 9 miles (14 km) to the Missouri state line at the St. Francis River , and a further 23 miles (37 km) northeast to Kennett, Missouri ; to
2820-652: The result of an investigation by the United States Government into National's collaboration with Hitachi. Hitachi settled with IBM and licensed the mainframe operating system software from IBM. In 1983, NAS ceased manufacturing its line of mainframes (which had Hitachi processors) and became a reseller of Hitachi's mainframe and data storage products. Hitachi Data Systems (HDS) was founded in 1989 when Hitachi and Electronic Data Systems (EDS) acquired National Advanced Systems (NAS) from National Semiconductor and renamed it Hitachi Data Systems. Before that,
2880-466: The state militia not to intervene on behalf of Black citizens. On numerous occasions White residents ordered Black citizens to leave and never return. In 1908, they threatened them to leave or die, which resulted in an almost complete depopulation of African-Americans in the county, and earned Paragould the designation of a sundown town . Black children were not allowed to participate in any form of public education until 1948, and then by busing them out of
2940-627: The use of General Motors diesel engines. In 1938, the company was near bankruptcy, in part due to the effects of the Great Depression and in part due to the Gundersons' own financial mismanagement. The company's main creditor took control of their accounts and began to pay their suppliers. Yet the company's financial position remained tenuous. At the beginning of the Second World War , the company handled assembly work for
3000-423: The venture was acquired; the operation now goes by Greenbrier Sahagún. Between 2006 and 2008, the company bought several rolling stock equipment companies. In 2006, Greenbrier formed the joint venture GIMSA in Mexico with Grupo Industrial Monclova. In December 2012, Carl Icahn made an offer to purchase Greenbrier for $ 20 a share, which represented a 5.4% premium to Greenbrier's stock price at that time. His offer
3060-570: The vessel RP FLIP (1962). In 1958, the company entered the freight railcar business with a successful bid to construct 200 boxcar underframes for the Southern Pacific Railroad . The business was successful and profitable, and the order expanded, with Gunderson eventually building more than 2,000 frames in the first contract. In 1965, the Gundersons sold their company to the FMC Corporation and, in 1973, it became
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#17328019984303120-497: The west US 412 leads 26 miles (42 km) to Walnut Ridge . US 49 leads northeast 32 miles (51 km) to Piggott and southwest 20 miles (32 km) to Jonesboro . The closest major city is Memphis, Tennessee , 82 miles (132 km) to the southeast. According to the United States Census Bureau , the city has a total area of 31.4 square miles (81.2 km ), of which 31.2 square miles (80.8 km )
3180-721: The world with this name. For a time, Gould objected to his name's being second and refused to list the new town on his schedules. In 1888, Paragould was the starting point for the Paragould and Buffalo Island Railway (later the Paragould Southeastern Railway ), which eventually made its way to Blytheville, Arkansas . From 1888 to 1908, Paragould experienced a series of incidents in which White residents threatened and attacked Black residents. Some Black residents were flogged, and some of their homes and churches were burned. Arkansas Governor Jeff Davis ordered
3240-407: Was 2.40 and the average family size was 2.92. In the city, the population was spread out, with 24.8% under the age of 18, 9.6% from 18 to 24, 28.0% from 25 to 44, 21.7% from 45 to 64, and 15.8% who were 65 years of age or older. The median age was 36 years. For every 100 females, there were 90.7 males. For every 100 females age 18 and over, there were 86.9 males. The median income for a household in
3300-480: Was an engineer with the RAID Systems Division who was involved in developing storage systems. Having total control of the company, Hitachi infused Hitachi Data Systems with its corporate culture, ethics, and practices. On April 6, 2000, Hitachi Data Systems announced a re-organization to focus on storage systems rather than mainframes. Shortly thereafter (June 26, 2000), the first HDS storage product
3360-524: Was contracted by Itel to manufacture IBM-compatible mainframes branded as Advanced Systems. After initial success shipping 200 such systems and net profits of $ 73 million, Itel increased investments and personnel to market its Advanced Systems brand. When Itel requested lower prices to compete with IBM, the CEO of National Semiconductor Charlie Sporck , persuaded Itel to commit to long-term contracts with National Semiconductor and Hitachi. When news leaked that IBM
3420-402: Was founded in 1967 by Peter Redfield and Gary Friedman as an equipment leasing company and initially focused on leasing IBM mainframes. Through creative financial arrangements and investments, Itel began to lease IBM mainframes to customers at lower costs, which led to Itel ranking second to IBM in revenues. In 1977, a joint venture between National Semiconductor and Hitachi formed, and
3480-521: Was rejected. In response to growing safety concerns surrounding increasing levels of hazardous tank car shipments, in 2014 Greenbrier introduced the “Tank Car of the Future,” a new generation of tank cars featuring safety enhancements that were adopted by PHMSA as part of a new industry standard, the DOT-117 tank car. The company led the award-winning Safer Tank Cars Now campaign, which is still archived in
3540-435: Was releasing a superior line of computers, customers held back purchases of Itel goods, causing Itel's inventory to build up drastically. Hitachi agreed to Itel's request to cut back on shipment, but National Semiconductor insisted that National had blackmailed Itel. In 1979, Redfield was forced to resign as CEO. National Semiconductor took over Itel Advanced Systems' sales and marketing divisions. National Semiconductor renamed
3600-547: Was unveiled, the Freedom Storage Lightning 9900, featuring the crossbar switched architecture to interconnect memory, disks, servers, and other external devices instead of the traditional bus architecture. In addition to HDS sales, HP OEM’d and Sun resold the 9900 and succeeding generations, which had additional capabilities such as virtualization of external Hitachi and third-party storage systems to form storage pools. In January 2001, HDS announced
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