Document Rpa7x96577zK7EZVVN7p7N0mE

'\ ;. railroad products group Ss :\ ;; .: )j asw1 A ;-a.n cac o: :rs Rack cars are-d'pirg ;s |r;ac$ a-.t a irge's-are o'he big-vCitre business .n t-anspcrta! an c! -.a* auto-ramles This Group, which accounts for thirty-eight per cent of The most important characteristic of the Company's American Brake Shoe's sales, serves the railroad indus railroad products is that they are virtually all wearing f try. Railroad Products Group operates 21 plants located parts, requiring periodic replacement. Therefore, the on rail lines throughout the United States. Eleven of these railroad supply business, though somewhat cyclical, is plants manufacture brake shoes for freight and passenger not subject to the violent fluctuations that affect the railroad cars, locomotives, and rapid transit equipment. railroad equipment industry generally. Six plants manufacture trackwork such as switches, I switch stands, crossings, and car retarders. Three plants manufacture cast iron freight car wheels, and one plant manufactures cast steel freight car wheels. The Group operations in I960 Shipments of Railroad Products Group in 1960 kept pace with 1959 shipments, although a decline in orders was experienced also markets journal bearings manufactured by National in the second half of 1960. Despite brief strikes in five Bearing Division, and other railroad products. plants of the Group at the beginning of the year, first- r vi nibs: of rucks. Piggycack nc' ol nigl-way radars nas increased sharpiy in recent yea" Suer, nen- radreaeng deve.DD-=_ts tenn !o nc-eas; re'.enue '.dn r.nes - tradit.onai saromeiar ol Brs<e j-: s -ailrjac sue: < ausnsss n a -idde-n classd.caticr yard work of sowing cars s-.d mall ng jp t'a.ns is done electronica'Iy i-om . r.4u SCI 01796