Wabtec

Wilmerding, Pa.-based Wabtec Corp. said Monday, Sept. 8, 2014 it and its subsidiaries will exhibit in Stand No. 103. Hall 1.2, at InnoTrans 2014 in Berlin, Germany, being held Sept.…
Wabtec Corp. has acquired C2CE Pty Ltd., a provider of railway signal design services in Australia.
Wabtec Corp. said Thursday, Aug. 21, 2014 it has acquired Dia-Frag, a manufacturer of friction products based in Monte Alto, Brazil. Dia-Frag has annual sales of about $40 million. Wabtec did…
Wabtec Corp. on Thursday, July 24, 2014, reported "record results" for its second quarter.
Wabtec Corp. on Wednesday, April 22, 2014 reported record results for first-quarter 2014 and affirmed its 2014 guidance for earnings per diluted share of about $3.45, with revenues expected to…
The Alaska Railroad has awarded the Railway Electronics division of Wabtec Corp. $16.6 million worth of contracts to provide PTC (positive train control) equipment and services, including CAD (computer-aided dispatch)…
Wabtec Corp. early Wednesday, Feb. 19, 2014, reported "record results" in its fourth quarter, including earnings per diluted share of 76 cents. Net income for the fourth quarter was $74 million,…
In a cash deal worth approximately $215 million, Wabtec Corp. has signed a definitive agreement to acquire London, England-based Fandstan Electric Group Ltd.
The Maryland Board of Public Works has approved a $13 million contract with Wabtec Corp. subsidiary Wabtec Railway Electronics to install Positive Train Control (PTC) equipment on MARC regional passenger…
Wabtec Corp. said Sunday, Oct. 27 , 2013 Patrick D. Dugan has been named executive vice president and chief financial officer effective Jan. 1, 2014. Dugan will succeed Alvaro Garcia-Tunon,…
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,…
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 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…
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 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 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…
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…
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…
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 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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