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

  • EV charging station market in the US has grown immensely
    July 27, 2012
    New analysis from Frost & Sullivan says that the electric vehicle (EV) charging station market in North America has grown immensely, helped along by favourable government level (federal, state and municipal) incentives and subsidies for the purchase of EVs. The government is extending these plans to the installation of charging station and funding programmes such as ECOtality's EV project, which is trying to install electric vehicle charging infrastructure in six major states.
    Read More
  • German cities order Bombardier Transportation light rail vehicles
    March 20, 2015
    Rail technology leader Bombardier Transportation has signed contracts with both the Düsseldorf Rheinbahn and Cologne transport authorities (KVB) for the delivery of 62 Flexity light rail vehicles in total. The contract with KVB is for 20 vehicles and is valued at approximately US$68 million. Rheinbahn’s contract for 42 vehicles, with an option for 16 additional vehicles, is valued at approximately US$135 million.
    Read More
  • Thales wins Taipei metro ticketing deal
    November 23, 2023
    Firm will work with MiTac Information Technology Corporation in Taiwan’s capital region
    Read More
  • ETC Corporation awarded $88 million tolling contract
    March 23, 2012
    The Port Authority of New York and New Jersey has awarded a contract, valued at approximately $88 million, to Electronic Transaction Consultants Corporation (ETC Corporation) to provide a facility-wide replacement toll collection and audit system as well as related system maintenance services. Under the contract, ETC will implement its latest generation Rite solution on the Port Authority’s toll facilities to deliver a number of advanced system features including a sophisticated toll data warehouse, an adva
    Read More

Highlighted Content