CXT Inc., a subsidiary of L.B. Foster Co., is relocating its Spokane Valley manufacturing facility to Idaho.
L.B. Foster Co. announced Wednesday it is relocating CXT’s manufacturing facility to Nampa, Idaho, in an effort to “strategically position the company to optimally serve the western U.S. marketplace and provide access to new customers,” according to a company release.
CXT will cease operations at its facility at the Spokane Industrial Park by the end of December.
L.B. Foster Co. was not immediately available for comment.
CXT, a national provider of customized, modular building and concrete infrastructure products, has additional operations in Hillsboro, Texas and Waverly, West Virginia.
The Nampa facility, when completed in early 2020, will employ more than 80 people, according to the company release.
The plant will be built on 10 acres with 79,000-square feet dedicated to manufacturing and 5,000-square feet for offices and employee areas.
Pennsylvania-based L.B. Foster Co. is a manufacturer and distributor of products and services for transportation and energy infrastructure.
The company released its third-quarter results Wednesday, reporting a drop in net income to $3.1 million, or 29 cents per share, compared to $6.4 million, or 61 cents per share, in the third quarter of 2018.
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