Greenbrier announces $170 million in railcar orders since September

Lake Oswego, Oregon-based transportation equipment manufacturer The Greenbrier Companies, Inc. announced Tuesday that it received new orders since September 1, 2015, the beginning of the fiscal year, for approximately 1,800 railcar units valued at nearly $170 million. These orders cover a range of diverse railcar types, including automobile carrying railcars, boxcars, large cube covered hopper cars, and non-energy tank cars for the North American and European markets.
  
Of the 1,800 units ordered, 500 units were received during the first quarter ended November 30, 2015 and 1,300 units were received subsequent to quarter end. In addition, 200 units in this announcement represent a change in the car-type mix of a previously announced large order for which the overall value of the entire order remains unchanged. 
  
Certain orders in this release are subject to customary documentation and completion of terms. A portion of the orders reflect an assumed product mix; the exact product mix will be determined in the future which may impact the dollar amount of backlog.