Wabtec

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:
Wabtec Corporation reported on Oct. 25 results for the 2016 third quarter, updated 2016 full-year guidance and announced modified terms for its acquisition of Faiveley Transport.
The Terminal Railroad Association of St. Louis on May 24, 2016 awarded Wabtec Corp. a contract worth about $21 million to design, install, test and commission a Positive Train Control…
Wabtec Corp. on May 9, 2016 completed its acquisitions of Unitrac Railroad Materials and Pride Bodies Ltd., both of which provide a variety of track-related products and services.
Wabtec Corporation on April 26, 2016 reported results for first-quarter 2016, with higher sales in the company’s Transit Group more than offset by lower sales in the Freight Group, leading…
Wabtec Corporation announced April 14, 2016 that it has signed a contract worth about $30 million to provide equipment and services for a Positive Train Control (PTC) system for the…
Four of the most important industrial associations in the USA—the Railway Engineering-Maintenance Suppliers Association (REMSA), the Railway Supply Institute (RSI), the Railway Systems Suppliers, Inc. (RSSI) and the American Railway…
Wabtec Corp. subsidiary MotivePower has delivered a prototype MP54AC diesel-electric locomotive to Metrolinx, the regional transportation authority for the Greater Toronto and Hamilton Area (GTHA), for service on GO Transit.…
Wabtec Corporation on Feb. 18, 2016 reported record results for fourth-quarter 2015, as higher sales in the company’s Freight Group more than offset lower sales in the Transit Group, which…
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 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.…
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 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 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 Corp. on Oct. 22, 2015 reported solid third-quarter 2015 results largely due to growth in the company’s Freight Group.
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…
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