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Wabtec Corporation Acquires Longwood Industries, Inc


Tuesday, 24 Sep 2013 04:07pm EDT 

Wabtec Corporation announced that it has acquired Longwood Industries, Inc., a manufacturer of specialty rubber products for transportation, oil and gas, and industrial markets, with annual sales of about $70 million. Wabtec expects the transaction to be accretive in the first year. Longwood designs and manufactures a broad line of specialty rubber products for original equipment manufacturers and aftermarket applications. The company has about 450 employees, and facilities in the U.S. and Europe, including a Research & Development Center in Texas. 

Company Quote

86.87
0.67 +0.78%
11:50am EST