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L.B. Foster Company: Shareholder Friendly But Great Uncertainty ($FSTR)

L.B. Foster Company (NASDAQ: FSTR) is a manufacturer and distributor of products for the rail, construction, energy and utility markets, including rail, ties, joints, fasteners, piling, and pipes. Approximately half of its revenues are from construction products, 45% from rail products and the remaining from tubular products. This is a small company, with a market cap of around just $240 million (less than its $266 million book value, though greater than its $178 million tangible . . .

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