L.b foster secures infrastructure growth projects

L.b. foster company announced that it has secured several orders for infrastructure construction and capital improvement programs worth $40 million. the company’s protective coatings business, which coats steel line pipe for midstream oil and gas transmission lines from its birmingham, al facility, is participating in a major construction project to coat approximately 2.5 million feet of 24-inch pipe. this pipeline will increase takeaway capacity from critical crude oil producing basins to connect with major market centers. in the rail and construction segments, the company has secured several orders for crucial passenger transit and short line capital improvement and expansion projects. the company also reported it had been awarded additional work from the same engineering and construction firm that it worked with on the large $28 million port everglades project booked last year in the third quarter.
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