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:
Railroad products for lease
FCM Rail lease the following products:
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.
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
Fenton, 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.
Progress Rail Leasing (FCM Rail, Ltd)
15173 North Road
Michigan
Fenton
48430
Other
United States of America