Wabtec Units Awarded Contract to Provide Components for Amtrak Passenger Cars
WILMERDING, Pa., March 8, 2012 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB), has signed a contract to provide components for 130 new passenger cars being built for Amtrak by CAF USA, Inc. (part of the CAF Group), a railcar builder with manufacturing facilities in New York state. The cars are expected to be delivered from 2013-14. Amtrak has an option to purchase an additional 70 cars from CAF.
Wabtec will be providing braking equipment, door operating systems, sanitation systems, springs, draft gears and HVAC equipment for the base order of 130 cars, and expects to provide the same components if the option for the 70 additional cars is exercised.
Albert J. Neupaver, president and chief executive officer of Wabtec, said: "These vehicles will augment and in some cases replace Amtrak's current Viewliner fleet of Sleeper, Diner, Baggage and Bag/Dorm cars, which are currently between 20 and 40 years old. We're pleased to be working with CAF on this important project to modernize Amtrak's fleet."
Wabtec Corporation is a global provider of technology-based products and services for rail and industrial markets. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. The company has facilities located throughout the world.
SOURCE Wabtec Corporation
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