Vertex News

There’s A Love Affair Happening With An Unlikely Type Of Real Estate: America’s Empty Factories And Warehouses

By CNN Money Several factors are driving this trend, according to Stuart Lichter, president of Industrial Reality Group, one of the largest owners of U.S. commercial real estate. Many U.S. companies, which had moved their operations overseas to keep costs down, are coming back home to be closer to their customers. On the flip side, foreign companies are also shifting some production to the U.S. to be more competitive[...]

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Vertex Now Employing 284, Ramps Up Railcar Production Efforts

By WECT-TV Vertex Rail officials say the company has now hired 284 people and is in full swing, fulfilling and shipping railcar orders and outfitting the facility to increase production efficiency. New jigs and fixtures have arrived at the Port of Wilmington to outfit bays three and four for full manufacturing production. The first new tank car is ready and waiting approval from the Association of American Railroads.[...]

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Vertex Ramping Up To Meet Rail Car Demand

By Wilmington Star-News WILMINGTON — Vertex Corp. continues hiring new employees as the rail car manufacturer has received orders to build new units, the company’s general counsel said. The company announced last year it ultimately planned to hire 1,300 people to produce grain hoppers and oil tanker rail cars at the former Terex Crane plant south of the Port of Wilmington. Vertex is in the midst[...]

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