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PRASA: Alstom railcars, Wabtec brakes
Wabtec Corp. has begun deliveries of brake system equipment to Alstom, which is building up to 3,600 commuter railcars for the Passenger Rail Agency of South Africa (PRASA).
Wabtec lands $45 million PTC contracts with Metra, PTG
Wabtec Corporation has signed contracts worth about $45 million to provide equipment and services for a Positive Train Control (PTC) system for the Metra, the Northeast Illinois commuter rail system.…
First MP54AC testing on GO Transit
GO Transit’s first MP54AC Tier 4-compliant diesel-electric locomotive from the MotivePower Inc. (MPI) Division of Wabtec has been delivered and underwent testing on the weekend of Dec. 12-13, 2015. No.…
Wabtec receives $26 million order for Saudi Arabia Railway
Wabtec Corporation has received an order valued at about $26 million to provide components, including electronically controlled pneumatic (ECP) braking equipment, for 1,186 freight cars to be built for the…
Wabtec to provide signaling, PTC for Denver commuter rail
Wabtec Corporation has signed a $27 million contract with Regional Rail Partners to provide Phase I signaling and communications systems, including Positive Train Control (PTC) equipment, for the new North…
Wabtec posts solid third-quarter results
Wabtec Corp. on Oct. 22, 2015 reported solid third-quarter 2015 results largely due to growth in the company’s Freight Group.
Wabtec, Faiveley Transport commit to acquisition
Wabtec Corp. on Oct. 6, 2015 signed a definitive agreement with members of the Faiveley family to acquire approximately 51% of Faiveley Transport S.A., a provider of integrated systems and…
Russia’s RPC-UWC to supply truck castings to Wabtec
Wabtec Corp. and RPC-UWC (Russian Research and Production Corporation-United Wagon Company) have signed a 10-year agreement for supply of freight car truck castings to the U.S. The joint venture was…
Wabtec to acquire Faiveley Transport for $1.8 billion
Wabtec has confirmed that it plans to acquire Faiveley Transport for a total purchase price of $1.8 billion, including assumed debt, which if approved, will create one of the world's…
Wabtec posts record second quarter
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.
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