Westinghouse Air Brake Technologies

Wabtec Corporation is a global provider of technology-based products and services for the rail and transit industries, as well as the mining, marine, and industrial markets. The company operates primarily through two main business segments: Freight and Transit. In the Freight segment, Wabtec manufactures new and modernized locomotives, offers aftermarket services and parts for existing locomotives, and supplies components for freight cars. The Transit segment focuses on passenger transit vehicles, including the production of new switcher and commuter locomotives. Wabtec also provides rail control and infrastructure products, such as electronics and positive train control equipment. With facilities located worldwide, Wabtec is committed to delivering innovative solutions that enhance the efficiency and reliability of transportation systems.

Raymond T. Betler

President and COO

Patrick D. Dugan

SVP and CFO

Michael Fetsko

President - Freight and Industrial

Garret Fitzgerald

Group Vice President, Logistics and Analytics

Eric Gebhardt

Executive Vice President and CTO

Rajendra Jadhav

President - Electronics Group

John A. Olin

Executive Vice President and CFO

Rafael Santana

President and CEO

Nicole Theophilus

EVP and CHRO

32 past transactions

Nordco

Acquisition in 2021
Nordco is a major supplier to the North American Class 1 railroads, regional and short-line railroads, public transit systems, railroad contractors, equipment leasing companies, and rail mills. They also serve industries that rely heavily on rail transportation, including port authorities, agriculture, mining, chemicals and energy.

RELCO Locomotives

Acquisition in 2020
RELCO Locomotives, Inc. specializes in the rebuilding, remanufacturing, and leasing of locomotives, catering to a diverse clientele that includes railroads, industrial companies, transit agencies, and government entities across North America. Established in 1961 and headquartered in Lisle, Illinois, RELCO provides a comprehensive range of services, including custom locomotive rebuilds, low- and high-horsepower locomotive sales, and various repair programs. Their repair services encompass wreck repairs, component replacements, modifications, system upgrades, and inspections. The company is renowned for its commitment to quality and customer service, boasting a team of professionals with significant engineering and operational expertise. As of January 2020, RELCO operates as a subsidiary of Wabtec Corporation.

Annax

Acquisition in 2018
Annax Group specializes in the manufacturing of mobile and stationary passenger information systems, catering primarily to the public transport sector. The company is recognized as an innovation leader with extensive experience in the networking and integration of these systems. Annax produces a range of products including in-train infotainment systems, displays for light rail vehicles, and communication systems designed for both electric and diesel multiple units. Their offerings also encompass fleet management and passenger safety systems, enabling clients to effectively manage vehicle data and enhance passenger safety. The company operates with a focus on developing, designing, and producing tailored solutions based on customer specifications.

AM General Contractor

Acquisition in 2017
A.M. General Contractor S.P.A. is an engineering, procurement, and construction contractor based in Genoa, Italy, founded in 1996. The company specializes in providing a comprehensive range of services for industrial and civil plant projects, including feasibility studies, planning, installation engineering, and staff training. A.M. General Contractor is also a manufacturer of safety systems, particularly for transit rail cars, offering fire prevention and extinguishing systems, as well as aftermarket services and components for both rail and industrial markets. Its portfolio includes the design and installation of electrical and mechanical systems, fire prevention and alarm systems, telecommunication and signaling systems, and maintenance services for rail and light rail systems, buildings, and electrical systems. The company changed its name from Ansaldo Montaggi Spa in 1999 and operates as a subsidiary of Westinghouse Air Brake Technologies Corporation since October 2017.

Aero Transportation Products

Acquisition in 2017
Aero Transportation Products (ATP), a manufacturer of engineered freight car components. The company has annual sales of about $40 million. ATP manufactures hatch covers and outlet gates for freight cars, which adds to Wabtec’s portfolio of engineered products. ATP’s sales are mainly in the U.S., so it expects to benefit from Wabtec’s worldwide presence in key freight markets such as Australia and South America

Workhorse Rail

Acquisition in 2016
Workhorse Rail, LLC is a manufacturer and supplier of freight car parts for the North American rail industry, established in 2004 and based in Pittsburgh, Pennsylvania. The company specializes in a wide range of products, including brake pins, coupler bodies, knuckle pins, and various machined, formed, and fabricated metal parts. Workhorse Rail collaborates closely with purchasing and engineering professionals at railroads and freight car builders to create lower-cost, high-performing rail products. It also offers certified steel castings and forgings, contributing to the efficiency and safety of freight transport. As of December 2016, Workhorse Rail operates as a subsidiary of Westinghouse Air Brake Technologies Corporation.

Precision Turbo And Engine

Acquisition in 2016
Precision Turbo and Engine is a manufacturer and supplier based in Crown Point, Indiana, specializing in high-performance aftermarket turbochargers. The company offers a range of products including turbochargers, waste-gates, heat exchangers, and fuel injectors. In addition to its core offerings, Precision Turbo and Engine distributes various performance products, such as fuel system components, stand-alone engine management systems, and data acquisition systems. The company is known for its commitment to quality and performance in the automotive aftermarket industry.

Gerken Group

Acquisition in 2016
Gerken Group SA is a manufacturer specializing in carbon and graphite products tailored for various industrial applications, including the railway sector. The company produces a range of carbon brushes and strips, as well as graphite and related materials, which are essential for railway traction and power generation. Gerken Group serves multiple industrial markets, providing high-quality solutions to meet the specific needs of its clients.

Unitrac Railroad Materials

Acquisition in 2016
Unitrac Railroad Materials, Inc. specializes in the design, manufacture, and supply of a comprehensive range of railroad products and trackwork solutions for various railroad operators, including Class I, transit, short line, contractors, and government entities in the United States. The company offers new and relay rails, turnouts, switch materials, and a variety of track tools and accessories. Additionally, Unitrac provides services such as rail material reconditioning, track abandonment, material pick-up, and specialty track turnouts. With a focus on high-quality workmanship and competitive pricing, the company also offers engineering and design services, jobsite delivery, and coordination. Founded in 1989 and based in Knoxville, Tennessee, Unitrac operates manufacturing and distribution facilities across several states, including Pennsylvania, Virginia, Illinois, and Missouri. The company is a subsidiary of Healey Railroad Corporation and has over 85 years of combined experience in the railroad industry.

Relay Monitoring Systems

Acquisition in 2015
Relay Monitoring Systems Pty. Ltd. is an Australian company specializing in the design, manufacture, and distribution of high-quality electrical engineering products. Established in 1991 and based in Mulgrave, the company serves a global market, including customers in Australia, the Middle East, Europe, Africa, and Asia. Its extensive product range encompasses auxiliary and tripping relays, test blocks, arc flash protection devices, utility-grade protection and control relays, and industrial controls. These products are integral to various applications such as arc flash monitoring, phase monitoring, voltage protection, and transformer regulation. Relay Monitoring Systems operates primarily through a network of distributors and caters to utilities and rail equipment manufacturers, enhancing safety and efficiency in high-voltage power systems.

Track IQ

Acquisition in 2015
Track IQ is a manufacturer and supplier of railway equipment and services for the purpose of measuring operating conditions.

Faiveley Transport

Acquisition in 2015
Faiveley Transport S.A. is a manufacturer and supplier of railway equipment and services, headquartered in Gennevilliers, France. Established in 1919, the company specializes in a wide range of products, including energy and comfort solutions such as pantographs, energy meters, and HVAC systems. It also offers access and mobility products like platform doors and automatic gates, as well as various braking and safety systems, which encompass couplers, buffers, and brake controls. Additionally, Faiveley Transport provides engineering services, maintenance, and spare parts support. The company serves diverse markets, including light rail, metro, freight, high-speed, and regional trains across Europe, the Americas, and the Asia Pacific region. Faiveley Transport operates as a subsidiary of Westinghouse Air Brake Technologies Corporation.

Metalocaucho

Acquisition in 2015
MTC MetaloCaucho, based in Urnieta, Spain, specializes in the design, development, and manufacturing of rubber-metal components for suspension and vibration control systems targeting the railway and automotive industries. Established in 1982, the company offers a wide range of products, including primary suspension systems, traction centers, anti-roll bars, and various components for cars, motorcycles, buses, and light trucks. Additionally, MTC provides solutions for noise and vibration control applicable in sectors such as wind turbine couplings and marine equipment. With facilities located in both Spain and China, MTC serves original equipment manufacturers and operators globally, earning recognition from professionals and companies in the industry.

Railroad Controls

Acquisition in 2015
Railroad Controls, LP specializes in railroad signal construction and material integration services across North America. Established in 1994 and headquartered in Benbrook, Texas, the company provides a range of installation services for signal and communications systems, including wayside signals, centralized traffic controls, automatic interlocking systems, and positive train control systems. Additionally, Railroad Controls offers various services such as boring, design, fiber installation, and the removal of retired signal systems. The company primarily serves Class I and regional railroads in the United States and operates as a subsidiary of Westinghouse Air Brake Technologies Corporation.

Fandstan Electric Group

Acquisition in 2014
Fandstan Electric Group, established in 1979, is a privately owned manufacturer and seller of rail and industrial equipment. The company operates independently without outside shareholders and employs approximately 950 individuals across its subsidiaries and offices located in the UK, Germany, USA, Australia, Netherlands, France, Poland, and Taiwan. Fandstan Electric specializes in the design, manufacture, and installation of electrical current and data collection products tailored for the rail, tram transportation, industrial, and energy sectors. Its primary product offerings include pantographs, third rail shoe gears, electrical contacts, and brush holders.

Napier

Acquisition in 2013
Napier is a world leader in the design, manufacture and support of industrial turbochargers. Napier turbochargers run on fuels ranging from marine diesel oil and natural gas to varying qualities of HFO and landfill gas. You will find them across the globe, providing reliable performance in some of the most arduous environmental conditions year after year.

LH Group

Acquisition in 2012
LH Group Services Ltd. specializes in the re-manufacturing of power train products, including engines, transmissions, final drives, and complete vehicle overhaul packages. Operating primarily in the United Kingdom, the company is recognized for its expertise in transit maintenance and rail vehicle overhaul services. LH Group acts as a key supplier of technology-driven products and services for various markets, including freight rail, passenger transit, and specific industrial sectors. Through its subsidiaries, the company manufactures a diverse array of products designed for locomotives, freight cars, passenger transit vehicles, and power generation equipment, catering to both original equipment and aftermarket needs.

Winco Equipamentos Ferroviários Ltda.

Acquisition in 2012
Winco Equipamentos Ferroviários Ltda. is a marketing and sales company and provider of freight car components with capabilities including value-added engineering and assembly, service, and technical support and logistics.

Tec Tran Corp.

Acquisition in 2012
Tec Tran designs and manufactures hydraulic braking systems and related components, including calipers, power units, electronic controls and brake discs, for both new and aftermarket applications. The company's customers include global transit car builders and many North American transit agencies.

Mors Smitt Holding

Acquisition in 2012
Mors Smitt Holding specializes in the development and manufacturing of electromechanical relays and related technologies for the railway sector, as well as industrial and maritime applications. Its product portfolio includes relays, miniature circuit breakers, speedometers, electronic door control units, and traction energy management solutions for rolling stock. The company also provides signaling and infrastructure products, such as safety-critical relays and maintenance equipment. Additionally, Mors Smitt offers heavy-duty and general-purpose relays, surge protection devices, and portable testing equipment for various industrial sectors, including power generation, petrochemical, and shipbuilding. With a strong presence in international markets, Mors Smitt distributes its products through a network of subsidiaries, distributors, and agents across countries such as France, the Netherlands, the United States, and Hong Kong. The company's headquarters is located in Utrecht, the Netherlands, with engineering and manufacturing facilities in France, the Netherlands, and China.

Fulmer Co.

Acquisition in 2011
Fulmer Company, a Wabtec Company, is the largest North American manufacturer of brush holders and specialty-machined parts for DC/AC motors, generators and alternators. Several thousand of the brush holders are currently in use in traction, transit, mining, power generation and after market applications.

Bearward Engineering

Acquisition in 2011
Bearward Engineering, a leading manufacturer of cooling systems and related equipment for power generation and other industrial markets.

Brush Traction

Acquisition in 2011
Brush Traction Ltd. is a manufacturer based in Loughborough, United Kingdom, specializing in the design and production of locomotives and propulsion systems for passenger rail vehicles. The company offers a comprehensive range of services, including vehicle overhaul, re-engineering, and refurbishment, as well as bogie design and manufacture. Additionally, Brush Traction provides various maintenance services, such as traction motor overhaul, electronics rack enhancements, and the repair of power delivery equipment and pneumatic valves. Its capabilities also extend to interior design and vehicle stress analysis. Established in 1991, Brush Traction serves both the UK and international railway industries, contributing to the production and servicing of high-quality rail equipment.

Swiger Coil Systems

Acquisition in 2010
Swiger Coil Systems specializes in the manufacturing and servicing of electric motors and coils, primarily focusing on traction motors for the rail industry and generators for power generation. The company produces and refurbishes both alternating current (AC) and direct current (DC) traction motors, as well as reactor and controller assemblies. By catering to original equipment manufacturers (OEMs) in the alternative energy sector, Swiger Coil Systems plays a significant role in supporting industrial applications and enhancing power generation capabilities.

Bach Simpson

Acquisition in 2010
Bach-Simpson, established in 1946 and headquartered in London, Ontario, Canada, specializes in the design and manufacture of electronic instrumentation and control systems specifically for the rail and transit markets. The company is recognized for its commitment to quality and reliability, offering state-of-the-art products that cater to the unique needs of its customers. By adhering to ISO 9001-2008 design procedures and CMMi Level II software development standards, Bach-Simpson ensures that its products deliver exceptional performance and reliability. The integration of design, manufacturing, and service operations within a single facility allows for efficient production and support.

G&B Specialties

Acquisition in 2010
G&B Specialties, Inc. is a manufacturer based in Berwick, Pennsylvania, specializing in railgear, track, and signal materials primarily for the railroad industry. Established in 1979, the company produces a range of products, including signal components such as electric switch machine internal components and various signaling components. Additionally, G&B Specialties offers switch machine layouts, which encompass forged rods, machined castings, junction boxes, and hardware. Their product line also includes electric locks, switch point rollers, manual switch stands, and track switch rods. The company serves a diverse clientele, including railroad, rapid transit, oil exploration, steel mills, and utility companies.

Xorail

Acquisition in 2010
Xorail, Inc. operates as a railway signal design and construction company. The company specializes in the design and construction of railroad signal and communication systems. Its services include signal and communications design, application software design, positive train control (PTC) life cycle management, estimating, material procurement, field surveys, bungalow wiring, field testing, cutover testing, configuration management, as-in service preparation, signal construction, field construction and equipment installation, construction management, project management, and commissioning support. Xorail, Inc. was formerly known as Southwest Signal Engineering Company and changed its name to Xorail, Inc. in February 2009. The company was founded in 1988 and is based in Jacksonville, Florida with additional offices in the United States and India.

Unifin International

Acquisition in 2009
Unifin the cooling of Electric Machines is our only business. Every resource in the company has been directed towards research and development to acquire world leading heat transfer technology and manufacturing processes. Unifin as a global leader in the supply of Transformer Oil Coolers,Transformer Oil Pumps, Generator Coolers, Recently Updated TEWAC Motor Coolers.

Standard Car Truck

Acquisition in 2008
Standard Car Truck Co. (SCT) is a manufacturer and designer of stabilization systems for freight cars, including engineered truck (undercarriage) components such as springs, friction wedges and wear plates. Its Barber® brand truck design is used throughout the world and holds a leading share of the North American market. The company also manufactures and services locomotives components, including compressors and pumps.

POLI S.p.A

Acquisition in 2008
POLI is a manufacturer of rail braking equipment including brake discs for high-speed applications, as well as tread brake units and pneumatic brake valves that meet International Union of Railways (“UIC”) standards.

Ricon

Acquisition in 2007
Ricon is a leading manufacturer specializing in the design, production, and installation of wheelchair lifts and ramps, primarily for commercial, paratransit, transit, motorcoach, and passenger rail vehicles. Operating from a modern facility in Los Angeles, Ricon is recognized as the largest manufacturer of its kind globally. In addition to its core offerings of hydraulic lifts and ramps that enhance accessibility, the company also supplies transit bus windows, including innovative solutions for graffiti resistance. Ricon's commitment to improving mobility and accessibility has established it as a significant player in the transportation industry.

Becorit

Acquisition in 2006
Becorit GmbH (Becorit), a manufacturer of a variety of brake shoes, pads and friction linings for passenger transit cars, freight cars and locomotives, and friction products for industrial markets such as mining and wind power generation.
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