Rail News Home Railroading Supplier Spotlight 10/23/2018 Rail News: Railroading Supplier Spotlight
Sivyer Steel Corp. has been acquired by a group of investors primarily based in the Quad Cities area.Photo – sivyersteel.com
Steel casting firm Sivyer Steel Corp. has been acquired for $6.5 million in cash from a group of investors based predominately in the Quad Cities area. The company, which had been owned by FCF Partners LP of Milwaukee since 1999, will continue operations under the name Sivyer Steel Castings LLC. The company's primary assets include a 325,000-square-foot facility located on a 20-acre industrial campus along the Mississippi River, according to a Sivyer press release. Sivyer provides steel castings to manufacturers of industrial equipment in the passenger-rail, mining, military and oil and gas industries.
WSP USA has named Chris Ferguson central region transit and rail market lead. Based in Chicago, Ferguson will drive business development, synchronize teaming relationships, coordinate and communicate with clients and support technical projects. He has more than 10 years of transit and rail industry expertise, including with Class Is. Ferguson has also worked on projects for Metra, the Chicago Transit Authority, SunRail in Central Florida, the Utah Transit Authority and Rio Metro in New Mexico.
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