Business
TX Rail Products, Inc. Anticipates Significant Revenue Growth in FY2026
TX Rail Products, Inc. Anticipates Significant Revenue Growth in FY2026.
About this update from Tx Rail Products, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n TX Rail Products, Inc. Anticipates Significant Revenue Growth in FY2026\r\n \r\n \r\n\r\n\r\nTX Rail Products, Inc. Anticipates Significant Revenue Growth in FY2026\r\n\r\n\r\n\r\n\r\n\r\n\r\n Positioned for projected 50% minimum revenue growth in FY2026 following successful navigation of tariff environment \r\n Engages Forvis Mazars, LLP, one of the nation’s top 10 public accounting firms, to strengthen shareholder confidence in our financial reporting\r\n Actively preparing for an uplist to the OTCQB within the next six months\r\n ASHLAND, Ky., Sept. 25, 2025 (GLOBE NEWSWIRE) -- TX Rail Products, Inc. (OTC Markets PINK: TXRP), a supplier of rail and rail products to the U.S. coal mining industry, short line railroads and tunneling contractors, today provided a business update as the Company approaches the close of its fiscal year ending September 30, 2025. Mr. Shrewsbury, CEO and Chairman of TX Rail Products, Inc., commented, “We have made tremendous operational and financial progress in recent months taking deliberate actions to strengthen our foundation and position for future growth. Importantly, we have worked through recent challenges due to changes in U.S. trade policy by effectively managing our inventory levels and now have a clear line of sight to projected revenue growth in fiscal year 2026 of at least 50% compared to fiscal year 2025. We are actively positioning for an uplist to the OTCQB in the next six months, a milestone that will provide enhanced visibility, transparency and access to a broader base of investors. To support this effort, we have engaged Forvis Mazars, LLP, one of the nation’s top 10 public accounting firms, as our new independent registered public accounting firm, strengthening shareholder confidence in our financial reporting. With this momentum, we believe we are well-positioned to deliver meaningful growth and long-term value for our shareholders.” Forward-Looking and Cautionary Statements Except for the historical information and discussions contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) and other applicable law. When used, the words \"believe\", \"anticipate\", \"estimate\", \"project\", \"should\", \"expect\", \"p...