---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-21-000057"
form_type: "8-K"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2021-09-27T23:59:59+00:00"
generated_at: "2026-06-29T01:23:01.082394+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster completes sale of Piling Products division to J.D. Fields for $24M

## Summary
- Sale proceeds of ~$24M; buyer is J.D. Fields & Company; closing date Sept 24, 2021.
- Assets sold include inventory and Petersburg, VA facility; company retains pre-closing receivables and liabilities.
- Divested division generated $43M revenue in H1 2021 and $59M in FY 2020.
- CEO states capital will be redeployed to Rail Technologies and Precast Concrete Products.
- Investor call on Oct 4, 2021 at 11 a.m. ET to discuss transaction.

## SEC filing metadata
- accession: 0000352825-21-000057
- form_type: 8-K
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2021-09-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282521000057/0000352825-21-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282521000057/fstr-20210924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-21-000057
- JSON: https://secwatch.observer/filing/0000352825-21-000057.json
- Plain text: https://secwatch.observer/filing/0000352825-21-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.