Cathcart Rail completed the acquisition of the railcar repair business of The Andersons.

Cathcart Rail, a private freight rail platform, completed the acquisition of the railcar repair business of The Andersons, an an American agribusiness. Financial terms were not disclosed. "The Andersons railcar repair network aligns perfectly with Cathcart Rail's strategic goal of offering a broad array of rail services across a national footprint, and we are excited to welcome The Andersons employees to the Cathcart family With the addition of The Andersons railcar repair network, Cathcart Rail's nearly 1k employees across 110+ locations make it the leading railcar services company in the country," Casey Cathcart, Cathcart Rail Chairman and CEO.