Knorr-Bremse to acquire Selectron Systems AG

Braking systems supplier Knorr-Bremse has signed an agreement to acquire Selectron Systems AG of Lyss, Switzerland, a supplier of train control technology. Through this acquisition, Knorr-Bremse said it is “expanding its portfolio to include components and solutions for the automation of rail vehicles.” The acquisition remains subject to approval by anti-trust authorities.

NYAB aids food pantry renovation

The Watertown Urban Mission Food Pantry in upstate New York will undergo a $250,000 renovation this year, thanks to a charity established by the parent company of New York Air Brake, LLC (NYAB).

Knorr-Bremse opens Maryland plant

Knorr-Bremse has opened its new Rail Vehicle Systems plant in Westminster, Md., in order to cope with “ongoing growth of the U.S. mass transit market and of three current major orders for HVAC systems.”

Hawthorne named NYAB president

New York Air Brake has appointed Michael J. Hawthorne as president, effective July 1, 2012, upon the retirement of J. Paul Morgan.