Wabtec

Wabtec completes GE merger, posts strong financials

Wabtec Corporation has completed its merger with GE Transportation. The combined company, which is expected to boast revenues greater than $8 billion in 2019, has a compelling growth profile—especially as market conditions improve in its industries. Wabtec announced the transaction completion at the same time as its 4Q18 and full-year 2018 financials.

Wabtec + GE slated for late-February closure; terms modified

Wabtec Corp. and General Electric (GE) announced Jan. 25 that the planned merger of Wabtec and GE Transportation is expected to close by the end of February 2019, “subject to satisfaction or waiver of customary closing conditions.” The two have modified the terms of their merger agreement and have publicly filed S4 and S1 registration statements, respectively, with the U.S. Securities and Exchange Commission (SEC).

Good antennas make good neighbors

When building any radio system, the scarcest and most precious system component is not the radios, the antennas nor the towers, but available “clean” radio channels on which to transmit. That’s why specialized narrow-beam antennas can ease frequency planning and reduce interference for railroad communications.