Westinghouse Air Brake Technologies (Wabtec) was founded in 1869 as the Westinghouse Brake Company. The company in its present form became independent via management buyout in 1990 and went public five years later.
Today Wabtec produces brake equipment and other equipment for locomotives, passenger railcars, and freight cars. Products include air brakes, hand brakes, slack adjusters, monitoring and control equipment, railroad electronics, and draft gears.
Clients include Union Pacific, CSX Transportation, General Electric Transportation, and Trinity Industries.
Wabtec trades publicly on the New York Stock Exchange under the ticker symbol WAB, is a member of the S&P 400, is #818 in the Fortune 1000, has 12,600 employees, and had $3.04 billion in revenue in 2014.
WabtecWestinghouse Air Brake Technologies (Wabtec) was founded in 1869 as the Westinghouse Brake Company. The company in its present form became independent via management buyout in 1990 and went public five years later.
Today Wabtec produces brake equipment and other equipment for locomotives, passenger railcars, and freight cars. Products include air brakes, hand brakes, slack adjusters, monitoring and control equipment, railroad electronics, and draft gears.
Clients include Union Pacific, CSX Transportation, General Electric Transportation, and Trinity Industries.
History
Wabtec trades publicly on the New York Stock Exchange under the ticker symbol WAB, is a member of the S&P 400, is #818 in the Fortune 1000, has 12,600 employees, and had $3.04 billion in revenue in 2014.
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