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Wabtec receives $26 million order for Saudi Arabia Railway
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 to provide signaling, PTC for Denver commuter rail
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 posts solid third-quarter results
Wabtec Corp. on Oct. 22, 2015 reported solid third-quarter 2015 results largely due to growth in the company’s Freight Group.
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…
Wabtec preps for InnoTrans 2014
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 acquires Australia’s C2CE
Wabtec Corp. has acquired C2CE Pty Ltd., a provider of railway signal design services in Australia.
Wabtec acquires Brazilian manufacturer
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…
“Record results” for Wabtec in 2Q
Wabtec Corp. on Thursday, July 24, 2014, reported "record results" for its second quarter.
Wabtec reports record first 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…
Wabtec lands Alaska Railroad PTC contracts
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 cites record 4Q earnings, good year
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,…
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