Longwood Elastomers

Custom Engineered Elastomeric Solutions

In the News

Wabtec Acquires Workhorse Rail, A Supplier of Engineered Freight Car Components

WILMERDING, PA, December 20, 2016 – Wabtec Corporation (NYSE: WAB) has acquired Workhorse Rail LLC, a supplier of engineered freight car components, mainly for the aftermarket. The company has annual sales of about $35 million.

Workhorse Rail supplies freight car couplers, knuckles and related parts to a variety of Class I railroads and freight car manufacturers. The company offers a variety of product designs and sells primarily in the North American aftermarket.

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Wabtec Acquires Majority Ownership Of Faiveley Transport; Updates 2016 Guidance, Provides 2017 Preliminary Information

WILMERDING, PA, December 1, 2016 - Wabtec Corporation (NYSE: WAB) has acquired majority ownership of Faiveley Transport S.A. (Euronext Paris: LEY), after completing the purchase of the Faiveley family's stake, which represented about 51% of the company's shares outstanding. Wabtec plans to launch a tender offer for the remaining public shares in December.

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