L.B. Foster Launches New Website
November 26 2018 - 11:33AM
The newly redesigned website offers visitors rich
insight into the Company's innovation and technology
Pittsburgh, PA-based L.B. Foster Company (NASDAQ:FSTR) announced
today the launch of its revamped corporate website. The new, fully
responsive website gives visitors quick and easy access to
important company information and features a comprehensive view of
L.B. Foster’s innovative technology and enhanced capabilities.
L.B. Foster operates individual business units that specialize
in energy, transportation, and construction infrastructure products
and services. These groups manage worldwide customer support from
manufacturing, distribution, and sales facilities located in the
United States, Canada, and the United Kingdom. The robust website
is built to support these businesses and serve as a valuable
resource for customers.
"We are excited about our new website launch and its modern,
mobile, user-friendly functionality,” said Bob Bauer, President and
CEO. “The website’s uncluttered design and rich content areas focus
on our new brand messaging around BIG THINKING, BIG PROJECTS.
It also highlights ways we are bringing big ideas and practical
problem solving to challenging projects around the world to better
serve our customer’s needs.”
Visitors are encouraged to explore the new website at
www.lbfoster.com.
About L.B. Foster Company
Established in 1902, L.B. Foster Company (NASDAQ:FSTR) is a
leading manufacturer and distributor of products and services for
transportation and energy infrastructure with locations in North
America and Europe. L.B. Foster is headquartered in
Pittsburgh, Pennsylvania and has been publicly traded since
1981.
This release may contain forward-looking statements that involve
risks and uncertainties. Forward-looking statements provide current
expectations of future events based on certain assumptions and
include any statement that does not directly relate to any
historical or current fact. Sentences containing words such as
“believe,” “intend,” “plan,” “may,” “expect,” “should,” “could,”
“anticipate,” “estimate,” “predict,” “project,” or their negatives,
or other similar expressions of a future or forward-looking nature
generally should be considered forward-looking statements.
Forward-looking statements in this release may concern, among other
things, L.B. Foster Company’s (the “Company’s”) expectations
relating to our strategy, goals, projections, and plans regarding
our financial position, liquidity, capital resources, and results
of operations; the outcome of litigation and product warranty
claims; decisions regarding our strategic growth initiatives,
market position, and product development; all of which are based on
current estimates that involve inherent risks and uncertainties.
The Company has based these forward-looking statements on current
expectations and assumptions about future events. While the Company
considers these expectations and assumptions to be reasonable, they
are inherently subject to significant business, economic,
competitive, regulatory, and other risks and uncertainties, most of
which are difficult to predict and many of which are beyond the
Company’s control. The Company cautions readers that various
factors could cause the actual results of the Company to differ
materially from those indicated by forward-looking statements.
Accordingly, investors should not place undue reliance on
forward-looking statements as a prediction of actual results. Among
the factors that could cause the actual results to differ
materially from those indicated in the forward-looking statements
are risks and uncertainties related to: environmental matters,
including any costs associated with any remediation and monitoring;
a resumption of the economic slowdown we experienced in previous
years in the markets we serve; the risk of doing business in
international markets; our ability to effectuate our strategy,
including cost reduction initiatives, and our ability to
effectively integrate acquired businesses and realize anticipated
benefits; costs of and impacts associated with shareholder
activism; a decrease in freight or passenger rail traffic; the
timeliness and availability of materials from our major suppliers
as well as the impact on our access to supplies of customer
preferences as to the origin of such supplies, such as customers'
concerns about conflict minerals; labor disputes; the continuing
effective implementation of an enterprise resource planning system;
changes in current accounting estimates and their ultimate
outcomes; the adequacy of internal and external sources of funds to
meet financing needs, including our ability to negotiate any
additional necessary amendments to our credit agreement; the
Company’s ability to manage its working capital requirements and
indebtedness; domestic and international taxes, including estimates
that may impact these amounts, including as a result of any
interpretations, regulatory actions, and amendments to the Tax Cuts
and Jobs Act (the “Tax Act”); foreign currency fluctuations;
inflation; domestic and foreign government regulations, including
tariffs; economic conditions and regulatory changes caused by the
United Kingdom’s pending exit from the European Union; sustained
declines in energy prices; a lack of state or federal funding for
new infrastructure projects; an increase in manufacturing or
material costs; the ultimate number of concrete ties that will have
to be replaced pursuant to the previously disclosed product
warranty claim of the Union Pacific Railroad (“UPRR”) and an
overall resolution of the related contract claims as well as the
possible costs associated with the outcome of the lawsuit filed by
the UPRR; the loss of future revenues from current customers; and
risks inherent in litigation. Should one or more of these risks or
uncertainties materialize, or should the assumptions underlying the
forward-looking statements prove incorrect, actual outcomes could
vary materially from those indicated. Significant risks and
uncertainties that may affect the operations, performance, and
results of the Company’s business and forward-looking statements
include, but are not limited to, those set forth under Item 1A,
“Risk Factors,” and elsewhere in our Annual Report on Form 10-K for
the year ending December 31, 2017, as updated and amended by
Item 1A, "Risk Factors," in our Quarterly Reports on Form 10-Q
filed with the Securities and Exchange Commission.
Jake Fuellhart, Marketing Communications ManagerPhone
Number: 412.928.5645Email: jfuellhart@lbfoster.com
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