Kershaw Manufacturing Company, Inc.
Montgomery, AL
December 1998

Bengur Bryan advised Kershaw and its shareholders in its sale to Progress Rail Services. Kershaw is a leading manufacturer and developer of railway track and maintenance-of-way equipment.

Progress Rail Services is one of the largest integrated processors of railroad materials in the United States and is a leading supplier of new and reconditioned freight car parts, rail, rail welding and maintenance-of-way equipment. It has facilities in 20 states, Canada and Mexico.