American Railcar Industries, Inc., together with its subsidiaries, designs and manufactures hopper and tank railcars in North America. The company operates through three segments: Manufacturing, Railcar Leasing, and Railcar Services. The Manufacturing segment manufactures hopper railcars for shipping various dry bulk products, such as plastic pellets, as well as high-density products, including cement and sand; and pressure tank and other railcars. This segment manufactures railcar components comprising discharge outlets for hopper railcars, tank railcar components and valves, tank heads, manway covers, wheel pair sets, underframes, outlet components and running boards for industrial and railroad customers, and hitches for the intermodal market; and aluminum and special alloy steel castings for the trucking, construction, mining, and oil and gas exploration markets, as well as machined castings and other custom machined products. The Railcar Leasing segment leases hopper and tank rail cars. As of December 31, 2016, this segment leased a fleet of 11,268 railcars. The Railcar Services segment offers railcar services primarily to leasing companies and shippers of specialty hopper and tank railcars. This segment provides repair services consisting of cleaning, interior and exterior coating, repair/rebuilding, non-destructive testing, engineering services for various railcars; engineering and field services through mobile units and mini shops; sales and administrative, technical, and materials and purchasing support services, as well as licenses intellectual property related to repair services for railcars. American Railcar Industries, Inc., founded in 1988 and is headquartered in St. Charles, Missouri.
From daily chart of ARII, will be looking for bullish set ups and/or call options. Also, next month (per past history)- dividend of around 0.40 cents/per share will be expected. Price action just hit double bottom (look left). Nice stable company at a great price of $36.28 for dividends and long-term growth.
From daily chart of ARII, will be looking for bullish set ups and/or call options. Also, next month (per past history)- dividend of around 0.40 cents/per share will be expected. Price action just hit double bottom (look left). Nice stable company at a great price of $36.28 for dividends and long-term growth.