The Greenbrier Cos. Inc. has built its 50,000th covered hopper rail car, the company announced today. In February, Greenbrier completed production of its 100,00th intermodal double-stack rail car. Both milestones exemplify the company's "transformation from a limited builder of specialized rail cars to a broad-based manufacturer of virtually all rail-car types," Greenbrier officials said in a press release. The company built its first covered hopper rail car more than 11 years ago. Greenbreir now builds a full line of small, medium and large covered hopper rail cars with freight-carrying capacities from 3,250 cubic feet up to 6,580 cubic feet.
Thales has closed on its acquisition of Guavus, a Big Data analytics company. The transaction is expected to help Thales address the growing needs of an "increasingly connected global ecosystem," Thales officials said in a press release. Guavus has built an industrial Big Data platform designed to be implemented across multiple new markets. Headquartered in San Mateo, California, Guavus employs 250 people. Its revenue is expected to exceed $30 million for the current fiscal year, according to Thales. Thales announced plans to acquire the company in spring.
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