United States

Profile: Westinghouse Air Brake Technologies Corp (WAB.N)

WAB.N on New York Stock Exchange

22 Feb 2017
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Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, incorporated on October 19, 1989, is a provider of technology-based equipment and services for the global rail industry. The Company primarily serves the freight rail and passenger transit industries. The Company provides its products and services through two principal business segments: the Freight Segment and the Transit Segment. The Company's product lines in both aftermarket and original equipment, including specialty products and electronics, brake products, remanufacturing, overhaul and build, and transit products. Its specialty products and electronics product line includes positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment and end of train devices; signal design and engineering services; freight car truck components; draft gears, couplers and slack adjusters; air compressors and dryers; heat exchangers and cooling products for locomotives and power generation equipment, and track and switch products. Its brake products include railway braking equipment and related components for freight and transit applications; friction products, including brake shoes and pads. Its remanufacturing, overhaul and build product line includes commuter and switcher locomotives, and transit car, and locomotive overhaul and refurbishment. Its transit products include door and window assemblies for buses and subway cars; accessibility lifts and ramps for buses and subway cars, and traction motors. Its customers include railroads and passenger transit authorities throughout North America, as well as in the United Kingdom, Australia, Europe, Asia, South Africa and South America.

Freight Segment

The Freight Segment primarily manufactures and services components for new and existing locomotive and freight cars, supplies railway electronics, positive train control equipment, signal design and engineering services, builds switcher locomotives, rebuilds freight locomotives, and provides heat exchangers and cooling systems for rail and other industrial markets. Customers include large, publicly traded railroads, leasing companies, manufacturers of original equipment, such as locomotives and freight cars, and utilities.

Transit Segment

The Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically subway cars and buses, builds new commuter locomotives and refurbishes subway cars. Customers include public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses around the world.

The Company competes with Knorr-Bremse AG, Amsted Industries Corporation, Caterpillar, GE Transportation Systems and Faiveley Transport.

Company Address

Westinghouse Air Brake Technologies Corp

1001 Airbrake Ave
WILMERDING   PA   15148-1036
P: +1412.8251000
F: +1412.8251019

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