Wabtec acquires aftermarket parts biz from GE

Posted on June 30, 2011

Wabtec Corp. has acquired a transit aftermarket parts business from GE Transportation. With annual sales of about $15 million, the business provides parts for propulsion and control systems for the passenger transit car aftermarket in North America. Wabtec expects the transaction to be accretive in the first year.

“This acquisition expands our transit aftermarket and service capabilities, with critical components related to propulsion and electronic controls,” said Albert J. Neupaver, Wabtec’s president/CEO. “Nearly 5,000 transit cars in North America contain these GE components, giving Wabtec the opportunity to expand our content on a substantial installed base of rolling stock as transit agencies overhaul and maintain their equipment.”

The product lines include AC and DC traction motors and related components; and electronic control systems, including contactors and relays. These capabilities will become part of Wabtec Global Services, which operates a network of eight service centers in North America.

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

More News

Bombardier to supply 4 more trams to Australia

The order is valued at approximately $18 million and is an exercise of an option included in a contract signed in 2011.

Texas' DCTA receives grant for A-Train Rail Trail

Once complete, the Lewisville Hike and Bike trail will run from DCTA’s Hebron Station all the way to the Highland Village/Lewisville Lake Station. Construction on the last portion of the Lewisville Hike and Bike trail is expected to begin in early 2016.

Metra prepares for winter weather with switch covers, heaters

Additionally, agency is continuing to repair and replace railcar doors that are prone to fail in winter conditions.

Alstom to supply Citadis trams to Lyon, France

The order, worth over $21 million, represents the exercise of an option on a contract signed in 2011.

XpressWest chosen to build Las Vegas-to-L.A. high-speed rail

The initial phase of the XpressWest project, which will link Las Vegas to Victorville, Calif., will cost $8 billion.

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



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