Greenbrier sells Gunderson Marine to Oregon Green Manufacturing; 300 jobs preserved

GREENBRIER COMPANIES INC

Sale of Gunderson Marine and its 58-acre Portland site to Oregon Green Manufacturing (OGM) is completed.
OGM was formed by experienced Oregon manufacturers Terry Aarnio and Dee Burch.
Acquisition preserves approximately 300 family-wage jobs at the facility.
Greenbrier's core railcar business is protected by a non-competition agreement with OGM.
Transaction terms were not disclosed; Greenbrier headquarters remain in Oregon.

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