FOR IMMEDIATE RELEASE:
Date: January 2, 2020
From: Tony Calandra, Group President of Frank Calandra Inc. and Calandra Group, LLC.
Michael Calandra, Executive Vice President of Frank Calandra Inc.
Subject: JENNMAR acquires Vossloh's Mine and Rail assets
JENNMAR is pleased to announce its purchase of Vossloh's track, tie and rail accessory inventory from Atlantic Track. Along with all the mining inventory, JENNMAR has purchased all machinery necessary to support Vossloh's current mining business consisting of rail, tie and rail straightening capabilities. We look forward to continuing Vossloh's outstanding reputation under our JENNMAR umbrella. JENNMAR will continue to service the mining industry with a complete suite of products for rail haulage and transportation. Many thanks to Michael Calandra for leading the acquisition. JENNMAR would also like to thank Peter Hughes, President and CEO from Atlantic Track for helping to expedite the process.
" This acquisition will make JENNMAR the premier provider of rail and tie components for the underground coal market in the United States." - Tony Calandra, Group President of Frank Calandra Inc. and Calandra Group, LLC.
" We will continue to offer the same services with enhanced resources and capabilities. This will not affect or delay any current business. We will honor all existing PO's that were issued to Vossloh Track Materials prior to January 1, 2020. One of our JENNMAR Sales Representatives will be visiting your location in the near future. Thank you for your business and patience in this transition." - Michael Calandra, Executive Vice President of Frank Calandra Inc.
For further details on JENNMAR's new rail and tie offerings, please feel free to contact one of the following:
Rodney Poland - Vice President Sales and Technical Resources
Michael Calandra - Executive Vice President
Steve Gerasimovich - Rail Products Manager