You buy this company because of its strategic business shift and industry position, which has left it a more diversified business with a prominent and growing recurring revenue stream. The shift is from a predominantly manufacturing business to one that includes full services for the railcar lifespan and leasing options.
[content-module:CompanyOverview|NYSE:GBX]The leasing business is critical to the outlook, providing visibility, cash flow, and higher margins through long-term contracts. Greenbrier naturally fits this transportation market because it can quickly ramp up or reduce the production of leasable cars to meet the need.
