Wabtec
| Westinghouse Air Brake Technologies Corporation
|
|
|---|---|
 |
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| legal form | Corporation |
| ISIN | US9297401088 |
| founding | 1999 |
| Seat | Wilmerding , United States |
| management | Raymond T. Betler, CEO |
| Number of employees | 18,000 |
| sales | $ 4.363 billion |
| Branch | railroad |
| Website | www.wabtec.com |
| As of December 31, 2018 | |
Wabtec Corporation ( W estinghouse A ir B rake Tec hnologies Corporation ) is an American company, which was created from the merger of Westinghouse Air Brake Company and Motive Power Industries in November 1999th The company is based in Wilmerding, Pennsylvania . In February 2019, the merger with the rail vehicle division of General Electric took place .
Wabtec is a manufacturer of locomotives , compressed air brakes , train control systems and other components for rail vehicles . The company is also active in the maintenance, overhaul and reconditioning of locomotives.
history
Predecessor company
Westinghouse Air Brake Company
Westinghouse Air Brake Company was founded by George Westinghouse in 1869 to build and market the automatic air brake he developed. In 1990, the Railway Products Group was released through a management buy-out from the American Standard Companies group. A new company was created under the old name Westinghouse Air Brake Company , which also holds the trademark rights to WABCO in the rail vehicle sector . In 1995 the company went public.
MotivePower Industries
MotivePower Industries goes back to the activities of Morrison-Knudsen that began in the 1970s . The company began to recondition and repower locomotives. For this purpose it opened in Boise ( Idaho to care for your plant). 1980 Morrison-Knudson acquired from General Electric , the former Erie Lackawanna Railroad -Werkstatt in Hornell ( New York ). Nine years later, another plant was opened in Mountaintop, Pennsylvania . At the same time, the company acquired several suppliers in the railway sector in order to expand its own product range and to be able to offer additional technologies. In 1993 the rail sector was spun off as an independent subsidiary under the name Morrison Knudsen Rail Corporation , or MK Rail for short . In April 1994, 35% of the company was floated on the stock exchange. In 1995 the parent company went bankrupt, as a result of which in October 1996 the remaining shares of MK Rail were assigned to the creditor banks. On January 1, 1997, the company was renamed MotivePower Industries . The Boise Locomotive Workshop became a subsidiary of the Boise Locomotive Company and the engine division became the Engine Systems Company .
Wabtec Corporation
After the merger, Wabtec expands with the takeover of several companies active in the railway sector. This is how the following companies joined Wabtec from 2000:
- Becorit - German brake pad and brake lining manufacturer with headquarters in Recklinghausen (2006)
- Bach-Simpson - American railway electronics manufacturer (2010)
- Brush Traction - English locomotive builder (2011)
- Mors Smitt - Relay Manufacturer (2012)
- Fandstan Electric - English parent company of the pantograph manufacturers Stemmann, Brecknell-Willis and TransTech (2014)
- Faiveley Transport - French provider of rail systems and services (2015)
Merger with General Electric Transportation
In May 2018 the merger of Wabtec with GE Transportation was announced. The business combination took place on February 25, 2019.
The old owners of Wabtec with 50.8%, General Electric with 24.9% and the shareholders of GE with 24.3% hold a stake in the new company, which continues to operate as Wabtec. Wabtec paid $ 2.9 billion. GE must have sold all of its shares by February 2022.
The company is divided into the two divisions Freight (previously GE) and Transit. The Freight division is based in Chicago and is led by Rafael Santana and the Transit division is based in Paris and is led by Raymond T. Betler.
Locomotives from MotivePower and its predecessor companies
GE Transportation's locomotives can be found under General Electric Locomotives List .
| designation | Wheel alignment | power | Years of construction | comment |
|---|---|---|---|---|
| 1200G | Bo'Bo ' | 880 kW | 1993-1994 | Shunting locomotive powered by liquefied natural gas |
| 1500D | Bo'Bo ' | 1015-1030 kW | 1996-1999 | Shunting locomotive, identical to EMD GP15D |
| 2000D | Bo'Bo ' | 1445 kW | 1997-1999 | Shunting locomotive, identical to the EMD GP20D |
| 2000C | Co'Co ' | 1445 kW | 1998 | Shunting locomotive |
| GP15 | Bo'Bo ' | 1500 hp | 2004 | Shunting locomotive, referred to as the GP15D by Amtrak |
| 5000C | Co'Co ' | 368 kW | 1994-1995 | Freight locomotive |
| F40PH-2C | Bo'Bo ' | 2205 kW | 1991-1998 | Passenger locomotive |
| F40PH-3C | Bo'Bo ' | 2355 kW | 1994– | Passenger locomotive |
| 14B | Bo'Bo ' | 1030 kW | 2010– | Rebuilding, GenSet locomotives |
| 20B-3 | Bo'Bo ' | 1753 kW | 2006– | Reconstruction on EMD GP38 , GP40 or GP50 , motor according to customer requirements; called MP20GP at UP |
| 20C-3 | Co'Co ' | 1655 kW | 2006– | Reconstruction on EMD SD40 or SD45 , motor according to customer requirements |
| 21B | Bo'Bo ' | 1566 kW | 2007– | Rebuilding, GenSet locomotives |
| 33C | Co'Co ' | 2460 kW | 2012– | Freight locomotive, export |
| 36PH-3C | Bo'Bo ' | 2650 kW | 2002-2004 | Passenger locomotive, "MPXpress" |
| 36PH-3S | Bo'Bo ' | 2650 kW | 2003– | Passenger locomotive, "MPXpress" |
| 40PH-3C | Bo'Bo ' | 2940 kW | 2007– | Passenger locomotive, "MPXpress" |
| 8AC-3 | Bo'Bo ' | 1087 kW | 2012-2013 | 28 locomotives for New York City Subway as MTA R156 |
| HSP46 | Bo'Bo ' | 3500 kW | 2013– | |
| 54AC | Bo'Bo ' | 4026 kW | 2016– | with Cummins QSK60, Tier-4 emissions requirements |
Corporate management
President and Chief Executive Officer of Westinghouse Air Brake Company / Wabtec Corporation
- March 9, 1990 - February 2001: William E. Kassling (also President until February 1998)
- February 1998 - May 2004: Gregory TH Davies (President and CEO from February 2001)
- May 2004 - January 31, 2006: William E. Kassling
- February 1, 2006 - May 2014: Albert J. Neupaver (also President until May 2013)
- May 2013 - June 30, 2019: Raymond T. Betler (President and CEO from May 2014)
- from July 1, 2019: Rafael Santana
Chairman of the Board
- March 9, 1990-May 2013: William E. Kassling
- since May 2013: Albert J. Naupaver (from May 14, 2014: Executive Chairman)
literature
- Greg McDonnell: Field guide to modern diesel locomotives . Kalmbach Publishing Co., Waukesha, WI 2002, ISBN 0-89024-607-6 .
Web links
Individual evidence
- ↑ 2018 Form 10-K Report , accessed May 25, 2019
- ^ Wabtec Corporation: Wabtec Completes Acquisition of Becorit GmbH, a Leading European Rail Equipment Manufacturer. In: www.prnewswire.com. Retrieved March 21, 2016 .
- ↑ Global Railway Industries sells businesses to Wabtec. In: Railway Gazette. Retrieved March 21, 2016 .
- ^ Wabtec buys Brush Traction. In: Railway Gazette. Retrieved March 21, 2016 .
- ↑ Wabtec buys Mors Smitt for US $ 88m. In: Railway Gazette. Retrieved March 21, 2016 .
- ↑ Wabtec acquires Fandstan Electric Group. In: Railway Gazette. Retrieved March 21, 2016 .
- ^ Wabtec signs Faiveley Transport purchase agreement. In: Railway Gazette. Retrieved March 21, 2016 .