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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.
Wabtec acquires Metalocaucho
Wabtec Corp. has acquired Metalocaucho, a European-based manufacturer of transit products, primarily rubber components for passenger car suspension and vibration control systems.
Wabtec reports record first-quarter earnings
An 18% increase in sales combined with a 19% increase in earnings per diluted share compared to a year ago produced a record first-quarter 2015 for Wilmerding, Pa.-based Wabtec Corp.
Wabtec touts record results for 2014
Wabtec Corp. on Wednesday, Feb. 18, 32015, reported record results for 2014, with expectations of repeating the accomplishment in 2015.
Wabtec acquires Railroad Controls L.P.
Wilmerding, Pa.-based Wabtec Corp. has acquired Railroad Controls L.P., a provider of railway signal construction services with annual revenue of about $75 million in 2014.
The 110-mph MPI HSP46 is the newest addition to the Massachusetts Bay Transportation Authority regional rail locomotive fleet. MBTA is taking delivery on 40 HSP46 diesel-electric locomotives, nos. 2000-2039, built…
Wabtec marks successful third quarter
Wabtec Corp. on Tuesday, Oct. 28, 2014 announced "record results" for its third quarter, led by record earnings per diluted share of 93 cents, up 22% from the comparable quarter…
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