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Johnstown America announces the change of its name to FreightCar AmericaChicago, Illinois, December 21, 2004 - FreightCar America, Inc. (formerly operating as Johnstown America) announced the appointment of Kevin P. Bagby as its Vice President of Finance, Chief Financial Officer, Treasurer and Secretary of the company, effective as of November 22, 2004. Prior to joining the company, Mr. Bagby served as Vice President and Chief Financial Officer of Stoneridge, Inc., a company that designs and manufactures highly engineered electrical and electronic components, modules and systems for certain agricultural and vehicle markets. FreightCar America is a manufacturer of railroad freight cars, with particular expertise in coal-carrying railcars. It is headquartered in Chicago, Illinois and has manufacturing facilities in Danville, Illinois and Johnstown. # # #
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