St. Charles-Based American Railcar Industries Announces Definitive Merger Agreement

St. Charles, MO  (KTRS)  St. Charles-based American Railcar Industries announced  that it has entered into a definitive agreement to merge with ITE Rail Fund. John O’Bryan, President and CEO of ARI, commented, “ARI is a highly respected company in the railcar industry with a rich history of growth and innovation for over 20 years. The sale…

‘Extremely Dangerous’ Hurricane Willa Aims for Mexico

MEXICO CITY (AP) — Forecasters say Hurricane Willa has grown rapidly into an “extremely dangerous” near-Category 5 storm in the eastern Pacific, on a path that could smash into Mexico’s western coast between Mazatlan and Puerto Vallarta in the coming days. The U.S. National Hurricane Center said early Monday that Willa could “produce life-threatening storm…