Layoffs at FreighCar

FreightCar America is announcing that previously announced layoffs will start next month and additional layoffs will come in May. Roanoke mayor Sherman Lea learned of the latest developments in a letter and say the first 166 layoffs will happen April 24th. He says another 198 layoffs will happen in May and production operations will come to a halt in mid-June. When first announced in February the company said a decline of orders for new rail cars is the reason for the cutbacks.