Rail

Wabtec Corp. acquires AM General Contractor

Posted on October 3, 2017

Wabtec Corp. acquired AM General Contractor, a manufacturer of safety systems, mainly for transit railcars. Based in Europe, AM has annual sales of about $25 million.

AM manufactures primarily fire protection and extinguishing systems, including a patented, infrared technology solution. The company also provides related aftermarket services and components for both rail and industrial markets.

Raymond T. Betler, Wabtec’s president and CEO, said: “AM adds new, safety- and technology-related products to our portfolio. Its growth opportunities include an expanding retrofit market over the next five years, driven by European Union regulations. In addition, AM’s technology offers expansion opportunities into new geographic markets including the UK, India, and China.”

Wabtec Corp. is a leading global provider of equipment, systems and value-added services for transit and freight rail. 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. The company has facilities located throughout the world.

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

More News

VTA proceeds with plans for FTA Project Delivery Program

The project, which continues the rail extension from North San Jose into Downtown and Santa Clara, would be the first of its kind in the nation. 

 

 

 

Final report on Washington Amtrak train derailment urges 'System Safety Program'

In all, the NTSB issued 26 new safety recommendations and reiterated three existing safety recommendations in the report.

DART renames Cotton Belt commuter rail service

The Silver Line will interface with three DART light rail lines.

Keolis, partners launch Canada's ION light rail system

The contract, which was awarded in May 2014, is under a PPP and is Keolis’ first light rail operation in North America.

San Francisco Transbay Corridor project lands $300M in CIG funding

In addition to the allocation announcement, FTA is also advancing the project into the Engineering phase.

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