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Press Release
  • WABTEC ANNOUNCES STOCKHOLDER APPROVALS IN CONNECTION WITH PLANNED COMBINATION WITH GE TRANSPORTATION

    11/14/2018

    WILMERDING, PA, Nov. 14, 2018 – Wabtec Corporation (NYSE: WAB) announced that at a special meeting today the company’s stockholders approved proposals in connection with its planned combination with GE Transportation.
     
    Raymond T. Betler, Wabtec’s president and chief executive officer, said: “We’re very gratified that our stockholders expressed strong support for the proposals and, therefore, our combination with GE Transportation.  This milestone marks a critical step in the process toward merging our two companies, which we believe will accelerate innovation for our customers; generate improved earnings, margins and cash flow for our stockholders; and create long-term…

  • GE Transportation Announces First Locomotive Deal in Moldova to Improve Fleet Reliability and Availability

    11/13/2018

    CHICAGO, NOVEMBER 15, 2018 — Moldovan Railways (CFM) has selected GE Transportation(NYSE:GE) to supply 12 Evolution Series locomotives, as well as parts, training and services. This is the first locomotive order in Moldova for GE Transportation and marks a significant step as the country seeks to upgrade its existing fleet to haul freight trains, primarily carrying grain and ore, as well as passenger trains.

    Designed for the CIS region’s wide temperature and operating conditions, the TE33AC locomotive features a 12-cylinder, 4000-horsepower Evolution Series engine with EU3A emissions…