Skip to main content
Press Release
  • Wabtec and UE 610 Reach Agreement on a Three-Year Contract

    05/01/2019

    ​​​​​​WILMERDING, PA (May 1, 2019) — Wabtec Corporation and the United Electrical, Radio and Machine Workers of America Local 610 today reached agreement on a three-year contract for the Wilmerding and Greensburg, Pennsylvania sites. The agreement positions the facilities to remain competitive in today’s challenging markets, while providing good wages, meaningful benefits and rewarding work for employees.

    “We are pleased to reach a fair and reasonable contract that meets the interests of both parties,” said Matthew Mitsch, vice president and general manager of…

  • WABTEC ANNOUNCES LAUNCH OF PUBLIC OFFERING BY SELLING STOCKHOLDER

    04/30/2019

    WILMERDING, PA – April 30, 2019: Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced the launch of an underwritten secondary offering of 12,500,000 shares of Wabtec common stock by General Electric Company (“GE”), as the sole selling stockholder. The selling stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares.  Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering.

    Morgan Stanley and Goldman Sachs & Co. LLC are acting as joint lead book-running managers…