Balfour Beatty Rail buys Reuel’s division
Written by William C. Vantuono, Editor-in-ChiefBalfour Beatty Rail, Inc. said Monday it had acquired Reuel, Inc.’s Traction Power Division. Goldsboro, N.C.-based Reuel manufactures electrical components and equipment; its Traction Power Division is a 28-person team specializing in power systems and components for the public transit industry.
Balfour Beatty Rail said its new Traction Power Group will report to Transit Division Vice President Joe Reed, and will be led locally by Tom Young, general manager–Traction Power.
“The acquisition fulfills an important goal for Balfour Beatty Rail—to strengthen our transit capabilities and become a one-stop provider of rail services, whether it is track, communications, signals, power, or even civil construction,” said Reed. “Adding traction power to our in-house portfolio of services will help us meet the growing demand for mass transit construction opportunities around the U.S. and will add value to existing and future contracts.”
Balfour Beatty Rail says the new Traction Power Group will give it the capability to manufacture custom power control centers, circuit breakers, controls, substations, and both AC and DC switchgear.
Atlanta-based Balfour Beatty Rail is part of London-based Balfour Beatty plc, an international engineering, construction, services, and investment company.
