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Wabtec 3Q earnings, sales rise
Wilmerding, Pa.-based Wabtec Corp. reported Thursday, Oct. 24, 2013 third-quarter earnings of $73.9 million, or 76 cents per share, up about 17% from $63 million, or 65 cents per share,…
Metrolinx taps Wabtec for Tier 4 locomotives
Wilmerding, Pa.-based Wabtec Corp. said Tuesday, Oct. 8, 2013 its MotivePower subsidiary has signed a US$63 million contract with Canada's Metrolinx to build 10 new, low-emission locomotives.
Wabtec acquires Longwood
Wabtec Corp. has acquired Longwood Industries, Inc., a manufacturer of specialty rubber products for transportation, oil and gas, and industrial markets, with annual sales of about $70 million. Wabtec expects…
Record 2Q sales, earnings for Wabtec
Wabtec Corp. reported record second-quarter earnings and revenue Thursday, July 25, 2013, spurred by what the company said was strong performance in its Transit Group.
Wabtec to provide PTC for Coaster
Wabtec Corp. has signed a $9 million contract with Herzog Technologies Inc. to provide Positive Train Control (PTC) equipment and services for Oceanside, Calif.’s North County Transit District (NCTD). The…
Wabtec gets bogies contract in Mauritania
Wabtec Corp. said July 15 that it has signed a $21 million contract with SNIM (Société Nationale Industrielle et Minière), the National Industrial and Mining Co. of Mauritania, to provide bogies…
MBTA bumps locomotive order to 40 units
MotivePower, a unit of Wabtec Corp., has signed a contract with the Massachusetts Bay Transportation Authority to supply 13 additional, next-generation HSP46 passenger locomotives to be delivered in 2014. The…
MotivePower gets order from Australian lessor
Wabtec Corp. said Wednesday, June 5, 2013 its MotivePower subsidiary has received an order to build six additional locomotives for CFCLA Rail JV Pty Ltd., a joint venture of CFCL…
Executive changes at Wabtec
Wabtec Corp. has named Albert J. Neupaver Chairman and CEO, and Raymond T. Betler President and Chief Operating Officer. Their appointments were effective May 14.
Wabtec reports solid 1Q results
Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same…
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