Press Releases

Wabtec Wins Equipment Contract to Modernize Chicago’s Metra Commuter Rail Service

PITTSBURGH October 21, 2021 - Wabtec Corporation (NYSE: WAB) announced today an order to improve passenger experience, reliability, and safety for Metra, the commuter rail system in the Chicago metropolitan area serving the city of Chicago and its surrounding suburbs. The contract includes the latest brakes, passenger access doors, heating, ventilation, and air conditioning (HVAC), and event recorder solutions for 200 new rail cars.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-wins-equipment-contract-to-modernize-chicago-s-metra-commuter-rail-service
Wabtec Opens Its Largest Engineering Lab in India

BENGALURU, October 13, 2021 – Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, inaugurated today a world-class global engineering lab in Bengaluru, India to enable rail component design and performance. The new facility is Wabtec’s largest lab in India and adds to the company’s growing engineering presence in the country.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-opens-its-largest-engineering-lab-in-india
Wabtec Secures €60m Order for Platform Gates to Support the Marseille NEOMMA Metro Automation Project

Wabtec, along with Eiffage Genie Civil Méditerranée and Eiffage Energie Systems Mediterranee, will supply Metropole Aix Marseille Provence with all the platform gates for lines 1 and 2 of Marseille NEOMMA, that are being automated. This includes 29 stations and 62 platforms, each of which will be equipped with 12 sets of 1.7 m-high platform gates, emergency egress doors and fixed screens. The project provides a complete solution comprised of reinforcement of the platform edge to design, supply, installation, testing and commissioning of the platform gates

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-secures-60m-order-for-platform-gates-to-support-the-marseille-neomma-metro-automation-project
Wabtec Announces Third Quarter 2021 Earnings Release Date

Wabtec Corporation (NYSE: WAB) announced it will report 2021 third quarter results before the U.S. financial markets open on October 27, 2021. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-announces-third-quarter-2021-earnings-release-date
Roy Hill Sets New Course with Purchase of FLXdrive Battery Locomotive

September 13, 2021 – Roy Hill announced the purchase of Wabtec’s (NYSE: WAB) FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul locomotive for the region and the mining industry.

https://www.wabteccorp.com/it/newsroom/press-releases/roy-hill-sets-new-course-with-purchase-of-flxdrive-battery-locomotive
Wabtec Signs MOUs with Carnegie Mellon University and Genesee & Wyoming to Decarbonize Freight Rail and Improve Safety

Wabtec announced today that it has signed a memorandum of understandings (MOU) with Carnegie Mellon University and Genesee & Wyoming Inc. (G&W), which formalizes their joint aim to create technologies that will decarbonize freight rail transport, improve freight safety, and generate greater rail network utilization.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-signs-mous-with-carnegie-mellon-university-and-genesee-wyoming-to-decarbonize-freight-rail
Driving Competitive Advantage Through Analytics

Learn how Wabtec digital technologies are helping railroads to effectively utilize data and analytics to drive competitive advantages.

https://www.wabteccorp.com/it/newsroom/press-releases/driving-competitive-advantage-through-analytics
An Exciting Time to be a Woman in Engineering

For sure, it is an exciting time to be a woman in engineering, particularly with so much evolving in the Energy and HVAC industry. It is also important to work for a company like Wabtec that believes in you.

https://www.wabteccorp.com/it/hiring/exciting-time-to-be-a-woman-in-engineering
Wabtec Appoints John Olin to Executive Vice President and Chief Financial Officer

Wabtec Corporation (NYSE: WAB) today announced John Olin will be named Executive Vice President and Chief Financial Officer of the company, effective October 1, 2021. Olin will succeed Pat Dugan, who is leaving the company in the fourth quarter.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-appoints-john-olin-to-executive-vice-president-and-chief-financial-officer
Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas

Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive modernization in North and South America. The milestone delivery to Norfolk Southern highlights the commercial and environmental success of Wabtec’s modernization program.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-celebrates-the-1000th-modernized-locomotive-in-the-americas
Wabtec Reports 2nd Quarter 2021 Results; Updates 2021 Guidance

PITTSBURGH, July 29, 2021 – Wabtec Corporation (NYSE: WAB) today reported second quarter 2021 earnings per diluted share of $0.66 and adjusted earnings per diluted share of $1.06, versus earnings per diluted share of $0.46 and adjusted earnings per diluted share of $0.87 a year ago. Total sales were $2.0 billion and cash from operations was strong at $223 million.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-reports-2nd-quarter-2021-results-updates-2021-guidance
Wabtec Declares Regular Quarterly Common Dividend

Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 27, 2021 to holders of record on August 13, 2021.

https://www.wabteccorp.com/it/newsroom/press-releases/wabtec-declares-regular-quarterly-common-dividend-4
Unlocking the Potential of Moving Freight by Rail: Increasing Visibility for Shippers

In today’s automated economy, there is a growing expectation among shippers for digital tools to support business needs. One of the challenges shippers have is knowing when railcars will arrive. Railroads that can help shippers track and organize railcar shipments unlock growth potential by making rail easier to use.

https://www.wabteccorp.com/it/newsroom/press-releases/unlocking-the-potential-of-moving-freight-by-rail-increasing-visibility-for-shippers