For the separate company also descended from the Westinghouse Air Brake Company, see WABCO Holdings.
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Westinghouse Air Brake Technologies Corporation
Trade name
Wabtec Corporation
Company type
Public
Traded as
NYSE: WAB S&P 500 component[1]
Industry
Rail industry
Founded
1999 (1999) via merger
Headquarters
Pittsburgh, Pennsylvania[2]
,
United States
Number of locations
Various: US, Europe, Canada, Mexico, Australia, South America. ~50 plants[2]
Key people
Albert J. Neupaver (chairman)[3]
Rafael Santana (president and CEO)
John Olin (executive vice president and CFO[4]
Products
Rail braking systems, locomotives, air condition and heat exchanging systems, other rolling stock components[2]
Services
Locomotive servicing, overhaul and repair[2]
Revenue
US$8,362 million (2022)
Operating income
US$1,011 million (2022)
Net income
US$641 million (2022)
Total assets
US$18,516 million (2022)
Total equity
US$10,147 million (2022)
Number of employees
27,000 (2022)
Divisions
MotivePower
Faiveley Transport
GE Transportation
Website
wabteccorp.com
Footnotes / references Financials as of December 31, 2022[update]. References:[5]
Wabtec facility, Greensburg PA USA
Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999.[6][7] It is headquartered in Pittsburgh, Pennsylvania.
Wabtec manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower (4 MW). It is a Fortune 500 company.[8][9]
The company purchased GE Transportation on February 25, 2019.
^Chang, Sue (February 21, 2019). "Wabtec to replace Goodyear Tire on S&P 500 Feb. 27". MarketWatch. Retrieved March 23, 2019.
^ abcdWabtec corporation – fast facts Archived March 26, 2019, at the Wayback Machine wabtec.com
^Gough, Paul J. (May 10, 2017). "Neupaver named chairman of Wabtec". Pittsburgh Business Times. Retrieved June 30, 2017.
^Zacks Equity Research (August 13, 2021). "Wabtec Picks John Olin to Succeed Pat Dugan as CFO)". Nasdaq. Retrieved February 8, 2024.
^"Westinghouse Air Brake Technologies Corporation". February 15, 2023. Retrieved April 11, 2023.
^"Westinghouse Air Brake Co, Form 8-K, Current Report, Filing Date Jun 3, 1999". secdatabase.com. Retrieved May 10, 2018.
^"Westinghouse Air Brake Co, Form 8-K, Current Report, Filing Date Nov 30, 1999". secdatabase.com. Retrieved May 10, 2018.
^Litvak, Anya (October 18, 2019). "Wabtec is the newest Fortune 500 company on the (North Shore) block". Pittsburgh Post-Gazette. Retrieved February 7, 2024.
^"Westinghouse Air Brake Technologies". Fortune. Retrieved February 7, 2024.
Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company...
The Wabtec FLXDrive platform (pronounced "flex-drive") is a class of battery-electric locomotives manufactured by Wabtec's GE Transportation subsidiary...
GE Transportation is a division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization...
of diesel locomotives built by GE Transportation Systems (now owned by Wabtec), initially designed to meet the U.S. EPA's Tier 2 locomotive emissions...
line of diesel-electric locomotives built by MotivePower (a subsidiary of Wabtec) for commuter rail service. There are five MPXpress models: MP36PH-3S, MP36PH-3C...
undertook only repairs and maintenance. Today the remaining part is operated by Wabtec. In 1866, Patrick Stirling was appointed as Locomotive Superintendent, and...
diesel-electric locomotives. The company is a wholly-owned subsidiary of Wabtec, and traces its history back to the MK Rail division of Morrison-Knudsen...
countries. The majority of Faiveley Transport's outstanding stock is owned by Wabtec, which acquired majority stock ownership from the Faiveley family in 2016...
commercial vehicle air brake manufacturer now owned by ZF Friedrichshafen; and Wabtec, a railway equipment manufacturer, which have been owned and operated independently...
ANNAX took over the traffic business unit of Ascom in Switzerland. In 2018 Wabtec Corporation has acquired ANNAX Group. Originally, ANNAX was a pure product...
Transportation Dash 9 locomotives. AC44C6M rebuilds have been done by GE (now Wabtec), American Motive Power, Inc., and Norfolk Southern Railway's Juniata and...
GE Transportation division merged with Wabtec on February 25, 2019, leaving GE with a 24.9% holding in Wabtec. On July 1, 2020, GE Lighting was acquired...
of the Wabtec plant in Erie". Trains. Kalmbach Publishing. Archived from the original on January 13, 2021. Retrieved October 4, 2019. "Wabtec and CSX...
locomotive classes Wabtec Signs Contract to Build New Locomotives for CBH Group of Australia Archived February 4, 2014, at the Wayback Machine Wabtec Corporation...
livery.[citation needed] The units received another refurbishment in 2008 at Wabtec Doncaster. CCTV and PIS (Passenger Information Systems) were installed,...
housing development. As of 2023, the owner of what remains of the plant, Wabtec, performs the overhaul, maintenance and refurbishment of rail vehicles and...
Materials VMC Materials Construction Materials W. P. Carey WPC Real Estate Wabtec WAB Industrials Construction Machinery & Heavy Transportation Equipment...
diagrammed to operate east of Airdrie. All Class 320s were refurbished by Wabtec Doncaster between February 2011 and October 2013.[citation needed] The refurbishment...
built by Avteq for Chicago Freight Car Leasing Australia. Features include Wabtec Fastbrake and QES3 traction control. "Southern Shorthaul Railroad – Wagon...
list of locomotives produced by GE Transportation Systems, a subsidiary of Wabtec. All were/are built at Fort Worth, Texas or Erie, Pennsylvania, in the United...
unit being converted from Class 319 passenger trains by Brush Traction and Wabtec to carry parcels. In December 2018, Rail Operations Group (ROG) ordered...
Class 60 locomotives to Wabtec to be uncertain, given all 3 locomotives had thought to have been included in the previous Wabtec sale. During December 2018...
Global Information
US$8,362 million (2022)
US$10,147 million (2022)