L.B. Foster Co., a leading manufacturer, fabricator and distributor of products and services for the rail and other industries, reported a quarterly increase in earnings last week, for the 10th quarter in a row.
But that wasn’t the most interesting part of the report for Tucsonans.
“Our Tucson (railroad) tie facility has made great progress with the efficiency of the new equipment and with the quality of the concrete mix, but we have struggled with employee turnover as new companies offering higher wages have recently entered the Tucson marketplace. We are working to address this issue and stabilize the workforce at this facility,” said Stan Hasselbusch, president and CEO.
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