Greenbrier Responds to Trade Petition on Railway Tank Cars

Rhea-AI Summary

Key Figures

Employees: More than 2,000 Facilities: More than 20 States: 11 +1 more

Employees

More than 2,000

Railcar manufacturing, component assembly, repair and maintenance

Facilities

More than 20

Across 11 states

States

11

States with Greenbrier facilities

Arkansas manufacturing investment

More than $500 million

Since 2019; operations in Marmaduke and Paragould

Key Terms

antidumping duties, countervailing duties

2 terms

antidumping duties regulatory

"seeking antidumping and countervailing duties on certain railway tank cars and parts"

A government-imposed tariff on imported goods meant to counteract “dumping,” where foreign producers sell products at unusually low prices—often below their cost—to gain market share. For investors, these duties can raise costs for importers, protect domestic producers’ sales and margins, alter supply chains, and change competitive landscapes; think of it as a temporary price floor that reshuffles who wins or loses in a market. Monitoring antidumping measures helps predict revenue, cost pressure, and stock moves for affected companies.

countervailing duties regulatory

"seeking antidumping and countervailing duties on certain railway tank cars and parts"

Countervailing duties are extra import taxes a government places on foreign goods to offset subsidies those goods receive from their home country, like adding a surcharge to products that got unfair help. For investors, these duties can raise costs for importers, protect domestic producers, shift competitive balance and change profit outlooks or supply chains—think of them as a corrective fee meant to restore a level playing field in trade.

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LAKE OSWEGO, Ore., Oct. 5, 2026 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, strongly disagrees with allegations made in petitions filed by UTLX Manufacturing LLC (UTLX), a wholly owned subsidiary of Berkshire Hathaway, Inc., seeking antidumping and countervailing duties on certain railway tank cars and parts. Greenbrier will vigorously defend its record before the U.S. Department of Commerce and the U.S. International Trade Commission.

The petitions are not supported by the facts or the law. Greenbrier rejects the false suggestion that it abandoned U.S. tank car production or American workers. Greenbrier operates a purpose-built tank car manufacturing facility in Marmaduke, Arkansas, where American employees build tank cars today. In fact, the petition itself identifies Greenbrier as a U.S. producer and acknowledges Greenbrier's domestic tank car production in 2025.

Greenbrier's commitment to American manufacturing is broad. The company employs more than 2,000 skilled Americans in railcar manufacturing, component assembly, repair and maintenance at more than 20 facilities in 11 states. The petition's effort to portray Greenbrier's manufacturing operations as a retreat from the United States is disconnected from the facts. Since 2019, Greenbrier has invested more than $500 million in its Arkansas manufacturing operations, including Marmaduke and Paragould. These investments support American welders, machinists, electricians, engineers and suppliers across the United States.

Greenbrier also rejects allegations that its tank cars are unfairly priced or subsidized. Greenbrier competes on safety, quality, innovation, productivity and customer value. Its tank cars are built to rigorous U.S. Department of Transportation and Association of American Railroads (AAR) standards, everywhere they are manufactured, including our AAR-certified site in Arkansas. In fact, Greenbrier purchases tons of steel annually from U.S. foundries as the primary input into the tank cars that UTLX alleges to be dumped and subsidized.

Trade remedies should be based on a complete factual record, not a competitor's unsupported claims about Greenbrier's business, workforce or future intentions. Greenbrier will cooperate fully with Commerce and the Commission while advocating for its American employees, customers, shareholders and suppliers, as well as the efficiency and competitiveness of the North American rail network and the broader U.S. economy.

About Greenbrier

Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe, and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. Greenbrier owns a lease fleet of approximately 20,600 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at www.gbrx.com.

View original content:https://www.prnewswire.com/news-releases/greenbrier-responds-to-trade-petition-on-railway-tank-cars-302899098.html

SOURCE The Greenbrier Companies, Inc.