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About
Westinghouse Air Brake Technologies Corp. engages in the provision of value added technology based equipment and services for the global rail industry. It operates through the following segments: Freight and Transit. The Freight Segment manufactures and services components for new and existing locomotives and freight cars; supplies rail control and infrastructure products including electronics, positive train control equipment, and signal design and engineering services; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment operates as faiveley transport, which manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses; supplies rail control and infrastructure products including electronics, positive train control equipment, and signal design and engineering services; builds new commuter locomotives; and refurbishes passenger transit vehicles. The company was founded in November 1999 and is headquartered in Wilmerding, PA. | |||
Description
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based equipment and services for the freight rail and passenger transit vehicle industries worldwide. It operates in two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; builds switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. This segment serves publicly traded railroads; leasing companies; manufacturers of original equipment, such as locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses; builds commuter locomotives; and refurbishes subway cars. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company's products comprise positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment, and end of train devices; freight car trucks and couplers; draft gears, couplers, and slack adjusters; and air compressors and dryers. Its products also include track and switch products; railway braking equipment and related components; friction products consisting brake shoes and pads; door and window assemblies, and accessibility lifts and ramps for buses and subway cars; and traction motors, as well as builds, remanufactures, and overhauls commuter and switcher locomotives, and transit cars. The company was founded in 1869 and is headquartered in Wilmerding, Pennsylvania. |