Rail

Wabtec acquires Xorail for $40M

Posted on March 16, 2010

Wilmerding, Pa.-based Wabtec Corp. acquired Xorail LLC, a provider of signal engineering and design services, for $40 million in cash. The company is based in Jacksonville, Fla., and has annual sales of about $40 million.

 

Xorail provides a variety of engineering, design and construction services, mainly for railway signaling systems. These services include design solutions for wayside signaling; positive train control systems and highway grade crossing warning systems; site surveys; systems integration; and field construction and installation of wayside equipment. Xorail’s customers include Class I railroads and passenger transit authorities in North America.

 

The company was founded in 1990 as Southwest Signal Engineering Company, and now has 10 satellite offices throughout North America with approximately 275 employees. Kash Krishnarao, president of Xorail, will remain with the company.

 

Wabtec Corp. is a global provider of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives and provides aftermarket services.

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

More News

Metra to install suicide prevention signs

The signs will be developed and finalized as part of a Mental Health Awareness Symposium to be hosted by Metra in September to coincide with National Suicide Awareness Month.

Accident, no shows plague commute for LIRR, NJ Transit passengers

Some NJ TRANSIT trains have been canceled this week because engineers are choosing not to work under the terms of their contract amid the summer-long repair work at Penn Station.

Mayor says Miami-Dade can't afford to build more rail lines

Mayor Carlos Gimenez’s $534 million proposal for rapid-bus routes would indefinitely defer the Metrorail expansion promised voters in 2002 during a referendum for a half-percent transportation tax.

FTA, Maryland Transit Administration appeal judge's Purple Line decision

Ruling called for an additional environmental study of the light rail line, despite the fact the project had already been studied and signed-off on by the feds. 

Breakdowns, staffing part of growing Miami Metrorail safety concerns

When state inspectors visited Miami-Dade in late 2016, they concluded the county needed 84 working Metrorail cars a day but that mechanical problems left only 72 that could be deployed for service. State inspectors returned in late June and found Miami-Dade’s daily goal was to have only 60 Metrorail cars in service.

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