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Exploding railcar case ends in settlement

St. Charles-based American Railcar Industries agreed Monday to settle a federal lawsuit filed by a chemical company over railcars that exploded while transporting the chemical company's product. OCI Chemical Corp., based in Marietta, Ga., sued for $14 million, plus punitive damages, according to court documents. The settlement, however, is confidential, lawyers for both sides said. The trial, ...