Wabtec

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. It is headquartered in Pittsburgh, Pennsylvania.

Westinghouse Air Brake Technologies Corporation
Wabtec Corporation
Company typePublic
NYSE: WAB
S&P 500 component
IndustryRail industry
Founded1999 (1999) via merger
Headquarters,
United States
Number of locations
Various: US, Europe, Canada, Mexico, Australia, South America. ~50 plants
Key people
  • Albert J. Neupaver (chairman)
  • Rafael Santana (president and CEO)
  • John Olin (executive vice president and CFO
ProductsRail braking systems, locomotives, air condition and heat exchanging systems, other rolling stock components
ServicesLocomotive servicing, overhaul and repair
Revenue US$8,362 million (2022)
US$1,011 million (2022)
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
Websitewabteccorp.com
Footnotes / references
Financials as of December 31, 2022.
References:

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.

The company purchased GE Transportation on February 25, 2019.

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