Wabtec Corp. on Oct. 13 opened a new engineering lab in Bengaluru, India, for rail equipment component design and performance testing.
Do you know where, why, and how your engines are consuming fuel? For many railway operators, the answer is no.
Despite continued market challenges, Wabtec Corp. “strengthened” its financial position in second-quarter 2021, growing its 12-month backlog—“the highest since second-quarter 2019”—and posting a “year-to-date book-to-bill above 1.0,” the company reported.
Wabtec Corp. and General Motors (GM) have signed a nonbinding memorandum of understanding to develop and commercialize GM’s Ultium battery and HYDROTEC hydrogen fuel cell systems to power locomotives.
Wabtec Corp. has opened a 11,000-square-foot additive manufacturing facility at Pittsburgh (Pa.) International Airport’s Innovation Campus.
Railcar demand is on the rise, but so is the price of steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.
The Belt Railway Company of Chicago (BRC) has selected PS Technology’s (PST) crew management system; Wabtec Corp. will supply Alstom with advanced brake systems and other components for new trains in India; Canadian industrial technology group Eddyfi/NDT has acquired London-based Senceive Ltd.; and Bentley Systems, Inc., an infrastructure engineering software company, has established an education program and is purchasing two software providers.
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.
March is Women’s History Month in the United States. It’s a time when we recognize the social, economic, cultural and political achievements of women. As we have been celebrating these past few weeks, I’ve also been reflecting on the incredible groundswell of support for gender equality we’ve seen this past year. We’ve watched women find their voices and have seen the world begin to listen more actively and with purpose.
Siemens Mobility has selected Wabtec Corp. to provide components for the 94 new nine-car Inspiro trains it is supplying as part of the London Underground’s Piccadilly Upgrade Program.