Wabtec forms Chinese joint venture

Wilmerding, Pa.-based Wabtec Corp. said Tuesday it has formed a joint venture in China to manufacture transformer oil coolers, generator coolers, and related products for the power generation market. The products are expected to be sold in China and other Asian markets.

The joint venture, Hubei Dengfeng Unifin Electrical Equipment Cooling System Co., Ltd., is owned by Wabtec and Dengfeng, which has operational and marketing expertise in the Chinese power generation market.

“We continue to grow our presence in China, one of the world’s largest and fastest-growing markets for our products,” said Albert J. Neupaver, Wabtec president and chief executive officer. “This joint venture provides a way to leverage the technology and expertise of Unifin International, which we acquired in 2009.”