Private company
National Railway Equipment Company
Logo: nre.com4
American railroad equipment company
National Railway Equipment Company (reporting mark NREX) is an American railroad equipment rebuilding, leasing, and manufacturing company, headquartered in Mt. Vernon, Illinois. NREC sells new and rebuilt locomotives to railroad companies worldwide, with an emphasis on the North American market.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industryrail transport1
- HeadquartersMount Vernon1
- Websitenre.com
- Legal formDomestic BCA1
- LEI5493005GZ3CKJUAG3L953
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered addressC/O Steven L Beal, 62864 Mount Vernon, United States3
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National Railway Equipment Company (reporting mark NREX) is an American railroad equipment rebuilding, leasing, and manufacturing company, headquartered in Mt. Vernon, Illinois. NREC sells new and rebuilt locomotives to railroad companies worldwide, with an emphasis on the North American market.2
Timeline
- 1984Founded Founded1
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $6.1M
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2020 | $6.1M | $6.1M |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA5. Matched to this company by name and state.
- Apr 3, 2020$6.1M PPP loan (first draw) from Community First Bank of the Heartland5To NATIONAL RAILWAY EQUIPMENT CO, Mount Vernon IL; $6.1M forgiven Jun 11, 2021
Links
- Websitenre.com1
- WikipediaNational Railway Equipment
- More imagesWikimedia Commons
- WikidataQ744450
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4Company websiteNational Railway Equipment Company logo
- 5