Number of employees
5
Annual revenue
$1200000
Website Links
Description
The railway track maintenance industry is a big-dollar business dominated by just a handful of highly specialized firms. In North America, where railroads spend well over $6 billion a year maintaining their track, one of the largest companies of the industry is Loram Maintenance of Way, Inc. Founded in 1954, Loram Maintenance of Way started out as a small operation having just a handful of employees and a product line consisting of two simple machines. In the many years since that unpretentious beginning, the company has become one of the leading suppliers of track maintenance machinery and services in North America.