“The breadth of our product portfolio combined with our multi-year backlog provides us with a solid foundation for growth in 2022,” Wabtec Corp. President and CEO Rafael Santana said during a fourth-quarter and full-year 2021 earnings announcement on Feb. 16; he noted that the company’s FLXdrive battery-electric locomotive is “gaining traction.”
Four FLXdrive battery-electric locomotives from Wabtec will begin tests runs in 2024 along Rio Tinto’s western Australian rail network, the mining company reported on Jan. 10.
Wabtec Corp. is growing its brakes product portfolio with the addition of New Delhi, India-based MASU’s railway friction business; the deal is valued at approximately $34 million.
Brazilian mining company VALE S.A. has selected ENSCO Rail for track inspection systems and software. In addition, New York Air Brake (NYAB) has earned TTX Company’s SECO (Supplier Evaluation Committee) Award; and Wabtec Corp.’s locomotive plant in Marhowrah, Bihar has received an award for its learning and skill development program.
Ballard Power Systems has acquired Arcola Energy for $40 million. In addition, Harting has earned a product innovation award for its har-modular® series; Navis has recognized six customers with 2021 Inspire Awards; Siemens Mobility and RazorSecure have teamed to provide enhanced rail cybersecurity monitoring solutions; and Wabtec Corp. has published a 2021 Sustainability Report.
Wabtec on Nov. 8 signed contracts with Egyptian National Railways (ENR) to supply 100 ES30ACi Evolution Series Locomotives with a multi-year service and maintenance agreement. The deal, Wabtec said, “support ENR’s continued modernization effort by providing the latest, fuel-efficient locomotives needed for the growing demands on Egypt’s rail infrastructure.
RAILWAY AGE, NOVEMBER 2021 ISSUE: Railway Age’s Women in Rail awards recognize leaders for driving their businesses forward while making a difference in the industry and in their communities.
Why are railroads seeking fuel-saving technologies? How much can they expect to save on fuel costs by using a fuel monitoring and reporting system such as the Wabtec Fuel App? What are
Wabtec Corp. “strengthened” its financial position in third-quarter 2021, growing its multi-year backlog, in spite of growing global supply chain disruptions and rising costs, the company reported on Oct. 27.
Wabtec Corp. on Oct. 13 opened a new engineering lab in Bengaluru, India, for rail equipment component design and performance testing.