Company
Loram
Loram Maintenance of Way is an American railway maintenance company based in Hamel, Minnesota, founded in 1954 by Fred C.
- Founded
- 1954
- HQ
- Hamel, Minnesota, USA
- Status
- active
Models
1
Overview
Loram Maintenance of Way is an American railway maintenance company based in Hamel, Minnesota, founded in 1954 by Fred C. Mannix. A subsidiary of Coril Holdings Ltd, Loram provides rail grinding, ballast cleaning, track inspection, and friction management services to all Class I railroads in North America and transit systems worldwide. Its Aurora system uses machine vision and laser scanning for automated tie and ballast inspection, complementing its rail grinding and ballast cleaning equipment.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
DEPLOY Intelligence
Market intelligence for physical AI
Analyst-grade signals, competitive tracking, and investment context across the global physical AI landscape. Launching 2026.
Key facts
Parent company
Coril Holdings Ltd
Founder
Fred C. Mannix
Revenue
~$403.6M (company-reported, 2026)
Acquisition
Georgetown Rail Equipment Company (GREX), 2020
Acquisition
RVEL, 2016
Acquisition
Tranergy Corporation, 2011
Employees
~1,800+ in 8 countries
Data & sources
Press releases
1
Web sources
2
3 sources backing this record.View all →
Models (1)
View all models →Current leadership (1)
- Bradley Willems CEO & Presidentreported, not verified
Founders (1)
- Fred C. Mannixsolefounded 1954-01-01no longer at company
Former / Previously (1)
- Fred C. Mannix Foundersince 1954-01-01secondary-verified
Safety record
No incidents on record for Loram.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
Loram in third-party press
Peer companies
- DJI7 models
- Boston Dynamics5 models
- Robotphoenix5 models
- Lightwheel3 models
- ATI Industrial Automation2 models
- Anvil Robotics2 models
Financial state
- Reporting basis
- private_reported
- Lifecycle stage
- mature
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Sources (3)
- https://loram.com/inspection-and-optimization/inspection-services/rail-inspection/
- Loram Maintenance of Way: Wikipedia · https://en.wikipedia.org/wiki/Loram_Maintenance_of_Way
- Loram Announces CEO Transition · https://loram.com/loram-announces-ceo-transition/
Common questions
- What is Loram?
- Loram Maintenance of Way is an American railway maintenance company based in Hamel, Minnesota, founded in 1954 by Fred C. Mannix. A subsidiary of Coril Holdings Ltd, Loram provides rail grinding, ballast cleaning, track inspection, and friction management services to all Class I railroads in North America and transit systems worldwide. Its Aurora system uses machine vision and laser scanning for automated tie and ballast inspection, complementing its rail grinding and ballast cleaning equipment.
- What does Loram make?
- Loram has 1 robot model on the DEPLOY registry: Aurora (Loram builds both physical robots and the AI that runs them).
- Who competes with Loram?
- On the DEPLOY registry, peer companies to Loram building in the same form factors include DJI, Boston Dynamics, Robotphoenix, Lightwheel.
- Who is the CEO of Loram?
- Bradley Willems is the ceo of Loram, per the DEPLOY registry.
- Where is Loram headquartered?
- Loram is headquartered in Hamel, Minnesota, USA.
- Where does Loram operate robots?
- Loram is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.
- Is Loram a top robotics company?
- On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Loram ranks in roughly the top 45% of companies tracked by the registry.
- When was Loram founded?
- Loram was founded in 1954.
- Is Loram safe?
- Loram has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.
Methodology: Verified · 3 sources (1 primary) · last reviewed 2026-07-14
Verification posture
Verified
High confidence
Review state
Stable
Last reviewed 2026-07-14
Sources by quality tier
- 1
- unclassified
- Unclassified source
- 1
- knowledge-base
- Knowledge base
- 1
- primary-company-ir
- Company IR disclosure
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Loram.Peer companies
- DJI7 models
- Boston Dynamics5 models
- Robotphoenix5 models
- Lightwheel3 models
- ATI Industrial Automation2 models
- Anvil Robotics2 models
In the press
Recent coverage mentioning Loram from third-party publications. Automatically surfaced; not part of the verified registry record.
LORAM and ITOCHU Plantech Execute Master Sales Agreement
LORAM is pleased to announce the execution of a Master Sales Agreement (MSA) with ITOCHU Plantech Inc., marking another important milestone in our long-term commitment to the…
LORAM and ITOCHU Plantech Execute Master Sales Agreement
LORAM is pleased to announce the execution of a Master Sales Agreement (MSA) with ITOCHU Plantech Inc., marking another important milestone in our long-term commitment to the…
Loram Partners With One Big Circle to Expand Intelligent Rail Monitoring Worldwide
Loram is proud to announce a strategic partnership with UK‑based rail technology company One Big Circle, marking an important step forward in advancing digital inspection and…
Loram Establishing Presence in Japan with New Tokyo Office
Expansion marks entry into one of the world’s most advanced rail markets Loram is establishing a presence in Japan with a new office in Tokyo, marking a significant step in...
C’mon Ref! Loram Legend’s excuse for skipping work
Would you believe Loram employed an executive who never bothered to show up to work on Fridays? Well, at least in the fall and somehow, he got away with it!...
Loram’s U.S. Legacy Turns 70
Loram traces its roots back more than 125 years ago to the Canadian Rockies. At the young age of 14, F.S. Mannix left home with a horse to find work...
Rail Vision Installed its AI-Driven Product with Loram, a Top US-Based Railway Maintenance Company
Rail Vision installed its AI-driven track inspection product with Loram as part of a pilot project to enhance rail track inspection capabilities.
Loram and Holland Partner to Provide Innovative Electric Flash-Butt Welding Services for Brazilian Railroads
Loram, a leading provider of railway track maintenance equipment and services, and Holland, a pioneer in providing comprehensive and progressive transportation solutions on…
Loram Technologies Acquires Digital Twin for Rail from Sentient Science
Hamel, Minnesota (January 11, 2023) – Loram Maintenance of Way, a leading provider of maintenance of way equipment and services, is pleased to announce the acquisition of the rail…
Luke Olson Appointed Senior Vice President of Contract Services at Loram
Hamel, Minnesota (January 1, 2023) – LORAM, a leading provider of maintenance of way equipment and services, is pleased to announce the appointment of Luke Olson to the position…
Loram: Homan to Retire, Willems to Take Throttle
Loram CEO Phil Homan announced retirement after 30 years, with President and COO Bradley Willems succeeding him as CEO in May 2023.
Loram Announces CEO Transition
Hamel, Minnesota (December 14, 2022) – After an extraordinary 30 years of service to the company and industry, Phil Homan, Loram’s CEO, announced his retirement, effective May…
Machine-readable surfaces
- Markdown mirror: /companies/loram.md
- RSS feed: /companies/loram/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/bffb96c6-ba02-4f7e-9547-0c89390fd76d
- Revision history: /companies/loram/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- DJI7 models
- Boston Dynamics5 models
- Robotphoenix5 models
- Lightwheel3 models
- ATI Industrial Automation2 models
- Anvil Robotics2 models
Video
unfortunately, not operating, but traveling through st. denis into baltimore city
In action with Aurizon as MMY031. Grinding the western line in Central Queensland
While at Newark Penn Station, we get another view of the Loram RailVac Rail Vacuum parked on Track 5. I have no idea what it was doing here today but was quite
Welcome to my Channel Talking about how to make or build somethings from Cardboard,Brick ,Wood,Steel. SUBSCRIBE FOR MORE VIDEO https://youtu.
Reality vs attention
Loram draws attention at the 81st percentile but verifies reality at the insufficient-data level among other robots.
6-month trend
Analysis
Limited public funding data for capital position assessment.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Jul 15, 2026