Skip to main content

Wabtec to manufacture brake equipment for GATX Rail Europe

Wabtec Corporation has signed a contract to manufacture brake equipment for freight cars to be purchased by GATX Rail Europe, a leading European rail equipment lessor. Under the contract, which is expected to last several years and has a value of about US$18 million, Wabtec will provide various models of brake systems which will be manufactured by Wabtec units in Europe.
July 30, 2012 Read time: 1 min
6079 Wabtec Corporation has signed a contract to manufacture brake equipment for freight cars to be purchased by GATX Rail Europe, a leading European rail equipment lessor. Under the contract, which is expected to last several years and has a value of about US$18 million, Wabtec will provide various models of brake systems which will be manufactured by Wabtec units in Europe.  

For more information on companies in this article

Related Content

  • Investment and innovation the future of ITS
    January 31, 2012
    Cisco's Paul Brubaker, former administrator of the US Department of Transportation's (USDOT's) Research and Innovative Technology Administration (RITA), takes a look at how the ITS sector is starting to attract the attention of major corporations and what this will mean for intelligent transportation in the coming years
  • Indra to equip Buenos Aires train network with access control and ticketing
    February 16, 2016
    Spanish multinational Indra is to deploy its access control and ticketing technology across the Buenos Aires Metropolitan Area (BAMA) rail network, one of the world's largest with more than 200 stations. The contract also includes system maintenance during a two-year period. Argentina's national rail operator has awarded Indra the contract, worth US$39 million, under which the firm will equip eight lines with 1,400 access control machines, or turnstiles; 170 disabled entrances; 200 automatic recharging m
  • Santa Clara light rail calls for Econolite TSP detection
    August 9, 2024
    Installations in California will detect transit signal priority calls on four corridors
  • New beginning for Think EV car maker
    April 19, 2012
    A court-appointed trustee has selected Russian entrepreneur Boris G. Zingarevich, whose investment operations are based in St. Petersburg, Russia, as the winning bidder for Think Global electric vehicle manufacturer, following a bankruptcy proceeding initiated by the Norwegian carmaker last month. In addition, Zingarevich has signed a memorandum of understanding with American advanced lithium-ion battery maker Ener1, and Finnish automobile engineering and manufacturing concern Valmet Automotive, to cooperat