Rail

Wabtec forms joint venture in China

Posted on April 8, 2009

Wabtec Corp. formed a 50-50 joint venture with Shenyang Locomotive and Rolling Stock Railways Brakes Co., Ltd., the largest manufacturer of locomotive and freight car brake equipment in China, to manufacture brake equipment for the Chinese rail market.

“This investment builds on our existing presence in China, the largest rail market outside of North America,” said Albert J. Neupaver, Wabtec’s president/CEO. “Our capabilities and technology will be valuable assets in this rapidly growing market.”

The joint venture company, Shenyang CNR Wabtec Railway Brake Technology Co., Ltd., will produce pneumatic control valves and other braking related equipment.

View comments or post a comment on this story. (0 Comments)

More News

Bike repair kiosks coming to select MARTA stations

MARTA partnered with the Atlanta Bicycle Coalition, a bike advocacy and rider education organization, to initiate the campaign and identify locations for the repair kiosks.

Sacramento RT's Blue Line extension begins service

The expansion offers local commuters an alternative to congested Highway 99 and brings new transit service to the area’s major employers. It will also encourage new retail and residential development in specially zoned areas along the light rail line.

Ariz.'s Valley Metro extends rail line into Downtown Mesa

Seven months ahead of schedule and on budget, the additional 3.1-miles of service on Main Street between Sycamore Drive and Mesa Drive was greeted with big cheers from riders, business owners and local leaders.

San Diego MTS offers free video-on-demand service on trolleys

First U.S. public transportation system offering mobile-based multi-channel VOD

NJ Transit riders face major delays

After a car caught fire inside the Lincoln Tunnel and a train stalled in one of the Hudson River rail tunnels, the delays were the worst since several days of train problems last month drew attention to the rail tunnels’ deteriorating condition.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close