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Inventories
12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Inventories

Note 6 – Inventories

 

Inventories, net of reserve for excess and obsolete items, consist of the following:

 

 

 

December 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Raw materials

 

$

65,639

 

 

$

46,421

 

Work in process

 

 

31,138

 

 

 

4,527

 

Finished railcars

 

 

23,196

 

 

 

8,783

 

Parts inventory

 

 

5,049

 

 

 

4,586

 

Total inventories, net

 

$

125,022

 

 

$

64,317

 

 

Inventory on the Company’s consolidated balance sheets includes reserves of $1,594 and $1,672 relating to excess or slow-moving inventory for parts and raw materials at December 31, 2023 and 2022, respectively.