L.B. Foster And FUCHS Lubricants Co. Extend Strategic Partnership With Industry-Leading Friction Management Products For The Rail Market
Portfolio Pulse from Benzinga Newsdesk
L.B. Foster Company (NASDAQ:FSTR) and FUCHS Lubricants Co. have extended their strategic partnership to additional rail markets in South America, Australia, and China. The partnership combines L.B. Foster's expertise in friction management solutions for the global rail industry with FUCHS's manufacturing capabilities and lubrication solutions. The collaboration aims to drive innovation in friction management lubricant products, leading to savings through rail and wheel wear reduction, increased operational efficiencies, and improved safety.
September 25, 2023 | 1:33 pm
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L.B. Foster's extended partnership with FUCHS Lubricants to additional rail markets could potentially lead to increased revenues and market share. The collaboration aims to drive innovation and savings in the rail industry, which could enhance L.B. Foster's competitive position.
The extension of the strategic partnership between L.B. Foster and FUCHS Lubricants to additional rail markets could potentially increase L.B. Foster's revenues and market share. The collaboration aims to drive innovation in friction management lubricant products, which could lead to savings for customers and enhance L.B. Foster's competitive position in the global rail industry.
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