Exhibit 99.2

For Immediate Release
March 12, 2010

For further information contact:
Richard J. Jarosinski
President and Chief Executive Officer
Portec Rail Products, Inc.
(412) 782-6000 extension 4230

Press Release

Portec Rail Products, Inc. Announces First Quarter 2010 Dividend

PITTSBURGH,  PA - March  12,  2010 - The  Board  of  Directors  of  Portec  Rail
Products,  Inc.  (NASDAQ Global Market "PRPX")  announced the declaration of the
Company's first quarter 2010 dividend of six cents per share.  The cash dividend
will be paid on March 31, 2010 to shareholders of record on March 22, 2010.

Portec  Rail  Products,   Inc.,   headquartered  in  Pittsburgh,   Pennsylvania,
manufactures,  supplies  and  distributes  a broad range of  railroad  products,
including  rail joints,  rail anchors and spikes,  railway  friction  management
products,  railway wayside data collection and data management  systems and load
securement systems. The Company's largest business unit, the Railway Maintenance
Products  Division,  operates a manufacturing  and assembly plant in Huntington,
West Virginia,  an engineering  and assembly  facility in Dublin,  Ohio (Salient
Systems),  and is also  headquartered  in  Pittsburgh.  The Company also has two
Canadian  subsidiaries,  one of  which is  headquartered  near  Montreal  with a
manufacturing  operation  in St.  Jean,  Quebec and the other  headquartered  in
Vancouver,  British  Columbia that is a technology  and  manufacturing  facility
(Kelsan Technologies). In addition, the Company sells load securement systems to
the railroad  freight car market through its Shipping  Systems  Division located
near  Chicago,  Illinois.  The Company also  manufactures  railway  products and
material handling  equipment in the United Kingdom with operations in Leicester,
England and Sheffield, England. Portec Rail Products, Inc.'s web site address is
www.portecrail.com.