RailWorks acquires steel-tie firm NARSTCO

RELATED TOPICS: INFRASTRUCTURE | GENERAL NEWS
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NEW YORK — Track construction and maintenance firm RailWorks Corp. is acquiring NARSTCO, which manufactures steel ties and turnout sets.

NARSTCO, baed in Midlothian, Texas, makes ties from recycled steel, which eliminates the need for creosote, spikes, gauging, anchors, and tie plates. The firm, founded in 1996, has approximately 90 employees. It will continue to operate independently with Anthony Musa continuing as its CEO.

“NARSTCO has an outstanding reputation throughout the industry,” RailWorks CEO Kevin Riddett said in a press release, “for superior products, dedication to customer needs and great field service. The combination of NARSTCO and RailWorks represents two leaders joining forces to bring industry-leading value to our customers through our comprehensive network of strategically located offices.”

RailWorks, founded in 1998, provides track and transit-system construction and maintenance for transit agencies, Class I railroads, and short lines throughout the United States and Canada.

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