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Press Release
  • WABTEC ANNOUNCES DATE FOR SPECIAL MEETING OF STOCKHOLDERS

    10/12/2018

    WILMERDING, PA, Oct. 12, 2018 – Wabtec Corporation (NYSE: WAB) today announced that it will hold a special meeting of stockholders on Wednesday, Nov. 14, 2018 to consider and vote on proposals to amend its charter to increase the number of authorized shares of Wabtec common stock and to approve the issuance of Wabtec common stock in connection with its proposed combination with GE Transportation. The special meeting will be held at 9 a.m. Eastern time at The Duquesne Club, 325 Sixth Avenue, Pittsburgh, PA 15222. Wabtec’s stockholders of record at the close of business on Oct. 11, 2018, will be entitled to receive notice of, and to vote at, the special meeting.
     
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  • GE Transportation, Iowa Interstate Railroad (IAIS) announce locomotive order

    10/02/2018

    Iowa Interstate Railroad, Ltd. (a wholly owned subsidiary of RDC Domestic Holdings Corporation, an affiliate of Railroad Development Corporation of Pittsburgh, PA) announced today it will acquire three new Evolution™ Series locomotives from GE Transportation. The locomotives will be produced in early 2020 and used to transport grains, ethanol, metals and more across Iowa Interstate’s network between Chicago and Omaha.

    IAIS President and CEO, Joe Parsons said “For over a decade, IAIS has invested heavily in infrastructure to support our customers and increase safety. The purchase of these locomotives will help us remain competitive and poised for the growth we are currently…