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

  • Software is at heart of safe vehicle connectivity, says Qt Group
    September 15, 2023
    Connected vehicle safety isn’t just under threat from malicious actors exploiting code – it’s also about avoiding software faults that could result in harm to people, says Patrick Shelly of Qt Group
  • Healthy growth projected for driver assistance systems market
    September 22, 2014
    The value of the blind spot detection system market is projected to grow US$2.8 billion and adaptive cruise control system market to grow US$6.1 Billion by 2019 at a healthy CAGR of 22.8 per cent and 16.9 per cent respectively from 2014 to 2019, according to the latest report from Research and Markets. The report, Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market for Passenger Cars; by Geography - Trends and Forecasts 2014-2019, says that automotive adaptive cruise contr
  • Aecom awarded major contracts by PennDOT
    April 25, 2013
    The Pennsylvania Department of Transportation (PennDOT) has awarded several contracts, which maximum potential value is US$37.50 million), to US-based Aecom Technology. Under the contracts, with a total potential value of up to US$37.5 million, the company will provide several services including project management, intelligent transportation system, geotechnical investigations and bridge inspection as the lead designer on I-80 (mainline reconstruction) and I-70 (Yukon interchange) in districts 5-0 (Allentow
  • Mediamobile signs contract with Trafficmaster to enlarge its European coverage
    June 27, 2012
    Mediamobile and UK based traffic service provider Trafficmaster has signed an agreement which will enable Mediamobile to enhance its European traffic information service for carmakers, navigation system and PND manufacturers, telco's and media companies. The agreement will allow Mediamobile to offer as part of its multi-country service portfolio, traffic related data such as traffic events and traffic flow data over the UK territory produced by Trafficmaster. Whilst operating its own traffic and travel info