---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-22-000044"
form_type: "8-K"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2022-08-12T23:59:59+00:00"
generated_at: "2026-06-24T00:31:26.246366+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster acquires VanHooseCo Precast assets for $50.5M; expands precast concrete business

## Summary
- Acquired VanHooseCo operating assets for $50.5M in cash, funded through Credit Agreement.
- VanHooseCo had FY2021 revenue ~$28M, net income $1.4M, adjusted EBITDA ~$7.2M.
- Retains ~100 employees; includes license for ENVIROCAST and ENVIROKEEPER product lines.
- Credit Agreement amended to permit acquisition and temporarily modify financial covenants.
- Expands addressable market into TN commercial/residential infrastructure; platform for growth.

## SEC filing metadata
- accession: 0000352825-22-000044
- form_type: 8-K
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2022-08-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282522000044/0000352825-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282522000044/fstr-20220812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-22-000044
- JSON: https://secwatch.observer/filing/0000352825-22-000044.json
- Plain text: https://secwatch.observer/filing/0000352825-22-000044.txt

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