North American Railcar Corporation Signs Exclusive Model Hopper Car Agreement with Saskatchewan Grain Car Corporation

(Photo by Tim Stevens)

North American Railcar Corporation (NARC) today announced the signing of an agreement with The Saskatchewan Grain Car Corporation (SGCC) for the exclusive rights to manufacture and sell model rail car replicas of the new SGCC grain hopper cars. This Agreement will allow NARC to participate with the SGCC to create new high quality model railway rolling stock with new and innovative graphical designs. This agreement will cover each model railcar replica manufactured and sold with the SGCC's newly branded and copyright design as well as all future designs.

NARC is a subsidiary of Pacific Western Rail Systems (Holdings) Ltd. (PWRS), which is located in of Surrey, British Columbia and is one of North America's largest retail outlets for model rail cars. NARC (and PWRS) is owned by over 180 shareholders who are model railroaders. The SGCC and NARC have signed an agreement which gives North American Railcar Corporation the exclusive rights to use the new SGCC hopper car design for the manufacture and sale of model hopper car replicas.

"As far as I am aware, this agreement is the first of its kind anywhere" said Mr. Dan Huberman President of North American Railcar Corporation. "As a result of this agreement North American Railcar Corporation can now make the investments necessary to create a model that accurately replicates the SGCC hopper car in every minute detail. The SGCC car was manufactured by Hawker Siddeley, and there is currently no available accurate model in either HO or N Scale.

"Our Customers and Shareholders have been commenting for years about how plain looking rolling stock has become. Instead of just accepting this as reality, we listened to our customers and began working proactively with the SGCC last November to create a more eye-catching design when repainting their hopper cars. The result of this work, which rolled out last February, is a car for modellers that will be distinctive on their layout and that the people of Saskatchewan will be proud to say is theirs," Huberman added.

"The Honourable Buckley Belanger, Minister responsible for the SGCC was correct when he said that this is truly an innovative approach to promoting Saskatchewan and increasing the profitability of the SGCC. said Huberman.

It is anticipated that these model SGCC hopper cars will be available through North American Railcar Corporation in 2008.

For more information, please visit North American Railcar Corporation's Website at www.northamericanrailcarcorporation.com