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Press Release
  • Wabtec Corporation Invests in Additive with new Binder Jet Machine

    05/15/2019

    WILMERDING, PA – May 15, 2019 – Wabtec Corporation (NYSE: WAB) announced today its investment in GE Additive’s (NYSE: GE) H2 binder jet printer capabilities. This first-of-its kind order will accelerate Wabtec’s growing additive strategy and its application to the transportation industry. Terms of the agreement were not disclosed.

    “Additive is one of the key technology pillars for our company and central in our efforts to drive innovation in the…

  • WABTEC ANNOUNCES PRICING OF UPSIZED PUBLIC OFFERING BY SELLING STOCKHOLDER

    05/01/2019

    WILMERDING, PA – May 1, 2019: Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced the pricing of an underwritten secondary offering of 22,000,000 shares of Wabtec common stock at a public offering price of $73.50 by General Electric Company (“GE”), as the sole selling stockholder. The offering is expected to close on or about May 6, 2019, subject to the satisfaction of customary closing conditions.  The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares.  Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering.…