Wabtec acquires Railroad Controls LP
The company's capabilities include installation of grade crossing warning signals, wayside and interlocking signals, as well as positive train control-related equipment.
Wabtec Corp. acquired Railroad Controls L.P., a provider of railway signal construction services with annual revenues of about $75 million in 2014. Based in Benbrook, Texas, Railroad Controls L.P. was a subsidiary of RCL Services Group LLC.
Railroad Controls provides railway signal construction services to freight and passenger railroads in North America. The company's capabilities include installation of grade crossing warning signals, wayside and interlocking signals, as well as positive train control-related equipment.
Railroad Controls has about 500 employees and its management team has extensive experience with Class I railroads in the U.S.
Wabtec Corp. is a global provider of value-added, technology-based products and services for rail and other industrial markets. 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.
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