Vertex News

Railcar manufacturer poised to build off 2015 success in New Year Wilmington, N.C.—December 30, 2015: Vertex Railcar Corporation is proud to announce that the company has achieved two foundational certifications from the Association of American Railroads (AAR). Following official site audits this fall, AAR representatives certified that the Vertex facility in Wilmington meets the AAR specification for Quality[...]

Wilmington Business Journal After entering a market that generates billions in revenue globally, workers at a startup rail car manufacturing venture began crafting the company’s first products in Wilmington: hopper rail cars. As of Dec. 3, Vertex Railcar Corp. employed 189 people and expect to hire more as more orders come in. The rail car manufacturer came to the city in November 2014 as Vertex Rail Technologies,[...]

In 1975, the United States banned the export of almost all crude oil. On December 18, Congress lifted the 40-year-old export ban as part of an omnibus budget bill. The end of the ban has many potentially positive outcomes. Lifting the ban is expected to increase the market for the light, sweet crude of America’s shale deposits. It will also mean there will be more carloads of crude by rail. According,[...]

By Port City Daily Several local and state dignitaries as well as international businessmen were on hand Wednesday afternoon as Vertex Rail Corporation unveiled 30 new hopper rail cars made at their Wilmington plant. The Massachusetts-based company, formally known as Vertex Rail Corporation, has occupied the former Terex Cranes plant near the port for over a year. The plan employs about 200 workers, many of[...]

By WECT-TV WILMINGTON, NC (WECT) – Vertex Rail Corporation had a ribbon cutting Wednesday to unveil 30 new rail cars made in North Carolina. Vertex Rail says they have plans to employee up to 1,000 people. That has not happened yet, but many city leaders were on site for the ribbon cutting and say the plans Vertex has will be vital to the community. The new 500,000 square foot manufacturing facility[...]