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Wabtec Info

Wabtec to Acquire Trimble’s Beena Vision Business to Extend its Digital Rail Inspection Portfolio

Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed.

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Wabtec to Modernize 330 Norfolk Southern Locomotives

Wabtec Corporation (NYSE: WAB) announced today an additional multi-year order from Norfolk Southern (NYSE: NSC) to modernize 330 locomotives as part of its continued partnership. Extended partnership furthers railroad’s sustainability, fuel efficiency efforts.

Wabtec Acquires MASU’s Railway Friction Business

Wabtec Corporation (NYSE: WAB) announced yesterday it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry

Wabtec Wins TISS-Leapvault Award for Best Skill Development Program

Wabtec Corporation (NYSE: WAB), a leading technology supplier for thefreight and transit rail industries, announced today its locomotive plant in Marhowrah, Bihar was recognized for the Best Skill Development Program at the Tata Institute of Social Science (TISS)-Leapvault CLO Awards India. The award honors the investment Wabtec made in its employees through learning and skill development initiatives.

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