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FreightCar America Inc.

Transportation and Manufacturing Chicago, Illinois ~105 employees
Founded
--
Employees (Est.)
~105
7 leaders known
Total Funding
$235.0M
Funding Rounds
3
Last Funding
2025-02-18

About FreightCar America Inc.

FreightCar America is dedicated to designing and manufacturing high-quality railcars tailored to customer needs. With over 120 years of experience, the company focuses on innovation, exceptional customer service, and reliable railcar solutions, supported by a knowledgeable team and a state-of-the-art facility.

Products & Services

Railcars:Purpose-built freight cars including Covered Hoppers, Open-Top Hoppers, Gondolas, Flat Cars, Boxcars, and Intermodal cars, designed for bulk commodities and containerized freight.
Conversions and Rebody:Services for rebuilding and repurposing freight car assets, transforming unused railcars into modern designs with customer-focused solutions.
Railcar Parts:High-quality forged, cast, and fabricated parts for all freight car types, available from a reliable in-stock inventory.
Field Support:Comprehensive post-purchase support including a Standard Repair Procedures resource library for parts and repair processes.

Specialties

Railcar Design and Manufacturing Freight Car Conversions and Rebody Railcar Parts Supply Customer Support and Field Services

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 35000000
MR: -
FA: 35 million
FAN: 35000000
D: 2025-02-18
FD: 2025-02-18
1 investors
2 RT: Term Loan
T: -
FT: Term Loan
A: 115000000
MR: -
FA: $115 million
FAN: 115000000
D: 2024-12-31
FD: 2024-12-31
-
3 RT: Non-Convertible Preferred Stock
T: -
FT: Non-Convertible Preferred Stock
A: 85000000
MR: -
FA: $85,000,000
FAN: 85000000
D: 2023-03-27
FD: 2023-03-27
1 investors
Debt Latest
2025-02-18
$35.0M
1 investor (Pro only)
Term Loan 2024-12-31
$115.0M
Non-Convertible Preferred Stock 2023-03-27
$85.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

N

Nicholas Randall

Chief Executive Officer

M

Mike Riordan

Chief Financial Officer

M

Matthew Tonn

Chief Commercial Officer

C

Celia R. Perez

General Counsel & Corporate Secretary

B

Bob Cleator

Senior Vice President of Sales

P

Paul A. Snoddy

Vice President of Sales

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Recent News

FreightCar America Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Transportation and Manufacturing
Company Size
~105 employees (est.)
Locations
Chicago, Illinois

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