voestalpine Railway Systems GmbH

PRESS RELEASE

With the acquisition of CXT’s concrete rail ties business, voestalpine Railway Systems Nortrak can now offer its customers fully integrated onshore systems solutions for their networks from specialty trackwork, concrete turnout ties, concrete crossties, fastening, and signaling systems.

CXT has been a leading supplier of concrete crossties to the freight, industrial, and transit industry customers for over 35 years. voestalpine Railway Systems Nortrak, the market leader in engineering and manufacturing of special track work, has developed a reputation for industry-leading concrete tie innovation and quality since 2007.

voestalpine Railway Systems Nortrak now has the manufacturing capacity to produce mainline concrete crossties to complement its systems solution approach and ability to provide a broad range of rail fastening products from in house sources. The acquisition of CXT’s Spokane, WA facility positions voestalpine Railway Systems Nortrak to better serve customers in the Western US and Canada.

voestalpine Railway Systems Nortrak continues to expand the support of railway mobility as one of the most sustainable ways of mobility for a green future.

voestalpine Railway Systems

voestalpine Railway Systems, a subsidiary of the leading steel and technology group voestalpine, is the world's leading supplier of complete railroad infrastructure systems. The competence portfolio includes premium rails, high-tech switches, fasteners and sleepers as well as fully digital monitoring of railroad lines and trains during operation. The Railway Systems Division, which is part of the Metal Engineering Division of the voestalpine Group, employs around 7,200 people at 70 production and sales locations on five continents. Revenue in the past financial year amounted to over EUR 1.5 billion.

Metal Engineering Division

The Railway Systems business unit of the voestalpine Group’s Metal Engineering Division is the global market leader in railway infrastructure systems and signaling technology. Through its Industrial Systems business unit, the division is also the European market leader in high-quality wire and a global provider of complete welding solutions. In addition, the division delivers tubulars throughout the world from its plant in Kindberg, Austria. Its customer segments include the railway infrastructure industry, the oil and natural gas industry as well as the mechanical engineering, automotive, and construction industries. The Metal Engineering Division is working hard to develop a variety of innovative, climate-friendly technologies, and production processes as part of its greentec steel program. In the business year 2022/23, the Metal Engineering Division generated revenue of around EUR 4.3 billion through its Railway Systems and Industrial Systems business units, of which over 40% was generated outside Europe. With around 14,000 employees worldwide, the division generated an operating result (EBITDA) of EUR 586 million.

The voestalpine Group

voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its premium products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries; it is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals, and its greentec steel program represents a clear plan for decarbonizing the production of steel. In the business year 2022/23, the Group generated revenue of EUR 18.2 billion, with an operating result (EBITDA) of EUR 2.5 billion; it has about 51,200 employees worldwide.

Please direct inquiries to

voestalpine AG

Mag. Peter Felsbach, MAS

Head of Group Communications I Konzernsprecher

voestalpine-Straße 1

4020 Linz, Austria

T. +43/50304/15-2090

peter.felsbach@voestalpine.com

www.voestalpine.com