November 2004: Nortrak - Rail Products Announcement to Customers
(Posted on: Nov 22, 2004 @ 9:04 am)
All Nortrak Customers
Acquisition of the Assets of RP&F LLC
Effective today VAE Nortrak North America Inc. ("Nortrak") has completed a purchase from the Receiver of Rail Products & Fabrications LLC ("RP&F"), whereby Nortrak has purchased nearly all of the assets of RP&F's trackwork manufacturing facility at 3422 1st Avenue South, Seattle, Washington. This an asset purchase and Nortrak has not assumed any of the liabilities, warranties or commitments of RP&F.
Nortrak intends to operate and enhance the Seattle operations including the foundry at this location to better serve our western based customers.
Operations will commence on Nov. 23, 2004, but it will be nearly the end of the year before full and normal operations resume as employees are hired, trained and the facility put into proper operating condition.
We will be contacting customers with existing orders placed with RP&F to determine mutually how these orders should be handled on a case by case basis.
Thank-you for your support during this transition and integration period.
Allen J. Tuningley
President and CEO
VAE Nortrak North America Inc
All Nortrak Customers
Acquisition of the Assets of RP&F LLC
Effective today VAE Nortrak North America Inc. ("Nortrak") has completed a purchase from the Receiver of Rail Products & Fabrications LLC ("RP&F"), whereby Nortrak has purchased nearly all of the assets of RP&F's trackwork manufacturing facility at 3422 1st Avenue South, Seattle, Washington. This an asset purchase and Nortrak has not assumed any of the liabilities, warranties or commitments of RP&F.
Nortrak intends to operate and enhance the Seattle operations including the foundry at this location to better serve our western based customers.
Operations will commence on Nov. 23, 2004, but it will be nearly the end of the year before full and normal operations resume as employees are hired, trained and the facility put into proper operating condition.
We will be contacting customers with existing orders placed with RP&F to determine mutually how these orders should be handled on a case by case basis.
Thank-you for your support during this transition and integration period.
Allen J. Tuningley
President and CEO
VAE Nortrak North America Inc
