L.B. Foster Supplies 1,553 Tons of Rail for Iowa Interstate RR

PITTSBURGH, March 3, 2011 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA is supplying 1,553 tons of new rail to Iowa Interstate Railroad, LTD (IAIS) for new track installation and spur improvements. A specially-equipped L.B. Foster work train will deliver approximately 80,000 linear feet of 115# standard continuous welded rail (CWR) in May 2011 to an Iowa Interstate interchange.

(Logo:  http://photos.prnewswire.com/prnh/20101222/MM21387LOGO )

The rail is manufactured and welded in lengths up to 1,600 feet by Steel Dynamics, Inc. (SDI) at their Rail Products facility in Columbia City, Indiana and shipped on L.B. Foster's company-owned weld train. SDI is a strategic partner of L.B. Foster and a supplier of quality welded CWR strings to the Pittsburgh-based rail products company. "Maintaining our own weld trains helps to expedite CWR shipments from our supplier plants and provides better coordination of delivery to staging areas nationwide," said Jay Roach, L.B. Foster Sales Manager.

Iowa Interstate Railroad, a subsidiary of Railroad Development Corporation, is a Class II railroad that connects Council Bluffs, Iowa to Chicago and Peoria, Illinois.

About L.B. Foster Company

L.B. Foster Company is a leading manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets with locations in North America and Europe. The Rail Products Group of L.B. Foster Company markets new rail and accessories, used rail (relay rail), crane rail, direct fixation fastener systems, conductor rail systems, rail boot systems, two-block tie systems, insulated rail joints, friction management, trackwork materials, rapid response/emergency track panels, load securement systems, car repair and experienced professional rail project management services worldwide.  Website: www.lbfoster.com

SOURCE L.B. Foster Company