Wabtec

Recent acquisitions helped boost results for component and systems provider Wabtec Corp. in the third quarter as sales of existing equipment in the transit and freight categories faced “challenging market…
Wabtec Corp. has acquired AM General Contractor, a Europe-based manufacturer of safety systems, mainly for transit rail cars. Based in Europe, AM has annual sales of about $25 million.
Wabtec Corp. in reporting results on July 25 for the second quarter of 2017, noted a sales increase of nearly 30% and revised its guidance for the remainder of 2017…
Wabtec Corp., in reporting results for 2017’s first quarter, noted that higher Transit Group sales offset lower Freight Group figures. The company also affirmed financial guidance for 2017.
Wabtec Corp. has acquired Thermal Transfer Corp., a supplier of industrial heat exchangers.
Wabtec Corp. has acquired Aero Transportation Products (ATP), a manufacturer of engineered freight car components with annual sales of about $40 million.
Wabtec Corp. has signed a $97 million contract to provide signaling and communication services for TEXRail, a new, 27-mile, double-track Fort Worth Transportation Authority commuter rail service expected to open in…
Wabtec Corp. on Feb. 21 reported results for 2016’s fourth quarter and full year, and issued financial guidance for 2017, that reflects “significant headwinds” in the freight and industrial markets,…
Wabtec Corporation announced Dec. 20 that it has acquired Workhorse Rail LLC, a supplier of engineered freight car components, mainly for the aftermarket.
Wabtec on Dec. 1 released 4Q 2016 guidance and preliminary guidance for 2017:
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