Portec Rail Products, Inc. Announces Fourth Quarter 2007 Dividend

Fri Dec 14, 2007 9:05pm EST
 
[-] Text [+]
PITTSBURGH, Dec. 14 /PRNewswire-FirstCall/ -- The Board of Directors of
Portec Rail Products, Inc. (Nasdaq: PRPX) announced the declaration of the
Company's fourth quarter 2007 dividend of six cents per share.  The cash
dividend will be paid on December 31, 2007 to shareholders of record on
December 24, 2007.
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20040119/PRPILOGO )
    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.
SOURCE  Portec Rail Products, Inc.

Richard J. Jarosinski, President and Chief Executive Officer of Portec Rail
Products, Inc., +1-412-782-6000, Ext. 4230

 

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