Westinghouse Air Brake Technologies Corp
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Industrials : Machinery | Mid Cap Blend
Company profile

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a provider of technology-based equipment, systems and services for the global freight rail and passenger transit industries. It operates through two segments: Freight and Transit. The Freight Segment primarily manufactures and provides aftermarket parts and services for new locomotives; provides components for new and existing locomotives and freight cars; builds new commuter locomotives; supplies rail control and infrastructure products; overhauls locomotives and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit segment manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses, supplies rail control and infrastructure products including electronics, signal design and engineering services, and refurbishes passenger transit vehicles.

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6 providers
May 11, 2022
Wabtec Declares Regular Quarterly Common Dividend

Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on May 27, 2022 to holders of record on May 20, 2022. (BusinessWire)

April 27, 2022
Wabtec Reports Strong 1st Quarter 2022 Results

Wabtec Corporation (NYSE: WAB) today reported first quarter 2022 GAAP earnings per diluted share of $0.80, up 35.6% versus the first quarter of 2021. Adjusted earnings per diluted share were $1.13, up 27.0% versus the same quarter a year ago. First...(BusinessWire)

April 20, 2022
Wabtec to Acquire Trimble's Beena Vision Business to Extend its Digital Rail Inspection Portfolio

Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble's Beena Vision business, a manufacturer of machine vision-based wayside...(BusinessWire)

April 11, 2022
Wabtec's Fort Worth Plant Celebrates its 5,000th Mining Wheel Delivery

Wabtec (NYSE: WAB) celebrated the 5,000th mining drive system wheel built at its plant in Fort Worth, TX. The milestone highlights the commercial success of the mining wheel for heavy-haul mining trucks, which set the standard for reliable and...(BusinessWire)

April 06, 2022
Wabtec Announces First Quarter 2022 Earnings Release Date

Wabtec Corporation (NYSE: WAB) announced it will report 2022 first quarter results before the U.S. financial markets open on April 27, 2022. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m...(BusinessWire)

March 30, 2022
Free-For-All In Helium Market Could Send Prices Sky-High

FN Media Group Presents Oilprice.com Market Commentary The gas that is critical for everything from supercomputing and space travel to MRIs and medical and scientific research was facing a supply shortage even before the geopolitical landscape was...(PR Newswire)

March 23, 2022
Wabtec to Modernize 330 Norfolk Southern Locomotives

Wabtec Corporation (NYSE: WAB) announced today an additional multi-year order from Norfolk Southern (NYSE: NSC) to modernize 330 locomotives as part of its continued partnership. This deal is part of Norfolk Southern's ongoing efforts to further...(BusinessWire)

March 09, 2022
Wabtec and BNSF Railway Biofuels Pilot to Advance Sustainability

Wabtec (NYSE: WAB) and BNSF Railway are partnering to advance sustainability in the rail industry with a new biofuel project aimed at quantifying the impact of alternative fuels on emissions, durability, and performance in Wabtec locomotives. (BusinessWire)

Wabtec Hosts 2022 Investor Day, Outlines Strategy for Long-Term Growth and Value Creation

Wabtec Corporation (NYSE: WAB) is hosting its virtual 2022 Investor Day meeting today, beginning at 8 a.m. ET. During the event, Wabtec leadership will provide updates on the industry and the company's five-year outlook, including its long-term...(BusinessWire)

March 08, 2022
Wabtec and Union Pacific Railroad Partner to Reduce Emissions with Higher Biodiesel Blends

Union Pacific Railroad (NYSE: UNP) will begin using a higher biodiesel blend in locomotives it acquired from Wabtec (NYSE: WAB). The new collaboration helps Union Pacific as it works to increase the percentage of low-carbon fuels consumed to 10% of...(PR Newswire)

Wabtec Donates $100,000 to Support Ukraine Refugee Relief Efforts

The Wabtec Foundation, the philanthropic arm of Wabtec Corporation (NYSE: WAB), today announced a donation of $100,000 to support Ukrainian refugee relief efforts. The donation will be split equally between the International Rescue Committee (IRC)...(BusinessWire)

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