FCM Rail a Progress Rail Leasing Company Full-Service Leasing of Maintenance of Way Equipment
In May of 2010, FCM Rail was acquired by Progress Rail Leasing Corporation, a wholly-owned subsidiary of Progress Rail Services.
Leasing of maintenance of way equipment
FCM Rail is the largest lessor of maintenance of way equipment in North America. We are a full-service leasing firm offering a host of programs and services specifically tailored to meet your exact financial needs.
With more than 50 years of specialised experience in the rail industry and over $150 million in equipment leases, FCM Rail professionals develop customised solutions to fit your current and future needs.
Financial benefits of leasing rail equipment
In a dynamic business environment leasing gives you more flexibility; it helps you keep up with equipment technological advancements, and may even offer significant tax advantages. These advantages include:
- 100% financing
- Lower payments than other types of financing
- Allows for more flexible cash budgeting
- Off balance sheet financing conserves existing credit
- Monthly payments are fixed and thus protected from inflation
- Provides positive cash flow with sale/lease-back programs
Railroad products for lease
FCM Rail lease the following products:
- Railroad equipment
- Ballast regulators
- Tie cranes
- Tie exchangers
- Tampers
- Spike drivers
- Spike pullers
- Kribber adzers
- Ride-on adzers
- Brush kribbers
- Cemented brush kribbers
- Kribber kickers
- Plate sweep
- Rail lifter
- Rail heaters
- Switch under cutter
- Speed swings
- On-track brush cutter
- Brush cutters
- Rail saws
- Push carts
- Jet snow blowers
- Scarifiers
- Power units
FCM Rail a Progress Rail Leasing Company Images
Products and Services
Video
White Papers
Related Projects
Press Release
FCM recently ordered six Jackson 6700S tampers from Harsco Track Technologies valued at more than US$2.5 million. By May 1, 2005, Harsco will deliver the machines, which FCM plans to add to its rental fleet, and lease out on a short- or long-term basis during the 2005 track maintenance season. Read more
Michigan State University (MSU) recently received a gift from a principal donor to establish a railway management program. Dennis J Gilstad, CEO, founder and controlling owner of FCM Rail, a railroad equipment and financial services company in Fenton, has contributed US$1,000,000 towards the deve
Read moreFenton, November 2007 FCM Rail, Ltd. recently received an order from BNSF Railway for an additional thirty-eight Waterloo portable toilet system. The new order will be in addition to the twenty four toilets currently on lease with BNSF. The total transaction is valued at over US$1.2 million.
Read moreRegional Offices
Progress Rail Leasing (FCM Rail, Ltd)
15173 North Road
Michigan
Fenton
48430
Other
United States of America
