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

STV, WSP USA to support L.A. Metro rail vehicle acquisition

Acquisition of new heavy rail vehicles and associated equipment that will play a key part in Metro’s systemwide rail expansion over the next decade.

Stadler breaks ground on railcar manufacturing plant in Salt Lake City

Its 62-acre property boasts 75,000 square feet of production space for the bogie, main, pre- and final assembly of single- and bi-level trains.

Stadler, Fort Worth Transportation Authority unveil 1st U.S. FLIRT train

The new commuter trains for TEXRail have been designed to reach maximum speeds of 81 mph and boast a coupled length of 266 feet each.

Design-build taking transit into the future

Design-build minimizes risk, reduces delivery time, keeps budgets in line, and mitigates funding partner concerns throughout project duration. With traditional design-bid-build, owners, designers, and contractors are segregated from design concept to final construction.

Texas' DCTA taps LAN for railroad engineering services

As part of its services, LAN will provide rail system guideway design, additions or modifications to existing guideway, signal system design, rail bridge engineering and inspection, station design, schedule modeling, and emergency railroad engineering services.

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 number 1 resource for vocational 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