Portec Rail Products, Inc. Announces Second Quarter 2010 Dividend
11 Junio 2010 - 5:00AM
The Board of Directors of Portec Rail Products, Inc. (Nasdaq:PRPX)
announced the declaration of the Company's second quarter 2010
dividend of six cents per share. The cash dividend will be paid on
June 30, 2010 to shareholders of record on June 21, 2010.
Portec Rail Products, Inc., headquartered in Pittsburgh,
Pennsylvania, manufactures, supplies and distributes a broad range
of railroad products, including rail joints, rail anchors and
spikes, railway friction management products, railway wayside data
collection and data management systems and load securement
systems. The Company's largest business unit, the Railway
Maintenance Products Division, operates a manufacturing and
assembly plant in Huntington, West Virginia, an engineering and
assembly facility in Dublin, Ohio (Salient Systems), and is also
headquartered in Pittsburgh. The Company also has two Canadian
subsidiaries, one of which is headquartered near Montreal with a
manufacturing operation in St. Jean, Quebec and the other
headquartered in Vancouver, British Columbia that is a technology
and manufacturing facility (Kelsan Technologies). In addition,
the Company sells load securement systems to the railroad freight
car market through its Shipping Systems Division located near
Chicago, Illinois. The Company also manufactures railway
products and material handling equipment in the United Kingdom with
operations in Leicester, England and Sheffield,
England. Portec Rail Products, Inc.'s web site address is
www.portecrail.com.
The Portec Rail Products, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5957
CONTACT: Portec Rail Products, Inc.
Richard J. Jarosinski, President and Chief Executive Officer
(412) 782-6000 extension 4230
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