Wabtec Corp. reported a “strong operational quarter” and a position of “profitable long-term growth,” due to continued signs of industry recovery, a modestly growing backlog, and its order pipeline.
Wabtec Corp. reported March 23 it has signed a definitive agreement to acquire Nordco from Greenbriar Equity Group LP.
RAILWAY AGE, JUNE 2020 ISSUE: Geometry—for many, one of the least-favorite school subjects (“When are we ever going to actually use this stuff?!”)—is imperative to the rail industry. Finding faults, on the other hand, is a preoccupation for some people. But for railroads, it’s also critical. Safety depends upon both.
Making the rail renewal process safer and simpler is a top priority among equipment manufacturers and contractors.
Suppliers continue their R&D efforts to provide improved ballast maintenance solutions.