The acquisition positions Wabtec for accelerated, profitable growth, and further strengthen the Company’s Digital Intelligence business by adding highly attractive and complementary railway signaling technologies.
Vale announced an agreement with Wabtec Corporation to acquire 50 new Evolution Series Locomotives for Vitória a Minas Railroad (EFVM) and Carajás Railroad (EFC).
The acquisition brings highly attractive and complementary technologies to Wabtec and positions the Company for accelerated, profitable growth, while strengthening its portfolio of mission critical passenger rail systems.
Achieving ‘first fire’ in a dual-fuel hydrogen-diesel engine, Wabtec takes a practical step toward zero-carbon locomotives while leveraging its proven NextFuel platform for a sustainable rail future.