AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 28, 2017, American Railcar Industries, Inc.’s board of directors’ compensation committee approved a base salary increase for Mr. Yevgeny Fundler, Senior Vice President, General Counsel and Secretary. Mr. Fundler’s salary was increased from $290,000 to $296,000 effective April 1, 2017.

About AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII)

American Railcar Industries, Inc. is a designer and manufacturer of hopper and tank railcars. The Company designs, manufactures and sells railcars and a range of components for the North American railcar and industrial markets. The Company operates through three segments: manufacturing, railcar leasing and railcar services. The manufacturing consists of railcar manufacturing, and railcar and industrial component manufacturing. The railcar-leasing segment consists of railcars manufactured by the Company and leased to third parties under operating leases. The railcar services segment consists of railcar repair, engineering and field services. It manufactures over two types of railcars, hopper railcars and tank railcars. It also manufactures various components for railcar and industrial markets. It manufactures both general service and specialty hopper railcars at its Paragould plant. Its hopper railcars are designed for shipping a range of dry bulk products from light density products.

AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII) Recent Trading Information

AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII) closed its last trading session down -0.29 at 40.81 with 96,133 shares trading hands.

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