Westinghouse Air Brake Technologies Corp - Company Profile
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Business Description
Westinghouse Air Brake Technologies Corp (Wabtec) is a provider of systems, equipment, digital solutions, and other value-added services for freight and transit rail sectors. The company offers specialty and electronics products such as positive train control equipment and electronically controlled pneumatic braking products and railway electronics. It offers event recorders, monitoring equipment and end of train devices, signal design and engineering services, freight car truck components and draft gears. Moreover, it offers couplers and slack adjusters, air compressors and dryers, heat exchangers and cooling products for locomotives, and power generation equipment, track and switch products. It also provides brake products, transit products and remanufacturing, overhaul and build such as new commuter and switcher locomotives, and transit car and locomotive overhaul and refurbishment. Wabtec provides its products and services to customers across North America, Europe, Asia Pacific, Africa, and South America.
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R&D Overview
Wabtec spent US$209 million on engineering and development activities in FY2022, which as a percentage of revenue, stood at 2.4% and increased 18.7% YoY.
Business Segments
Overview
- Manufactures components for new and existing freight cars and locomotives. Rebuilds freight locomotives, builds new switcher locomotives, supplies railway electronics, signal design and engineering services, positive train control equipment, and provides related heat exchange, and cooling systems. - Supplies its products and services to various customers, including leasing companies, publicly traded railroads, and original equipment manufacturers of locomotives and freight cars and utilities.
Performance
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Overview
- Manufactures components for new and existing passenger transit vehicles such as refurbishing subway cars, high speed trains, regional trains, buses, and light-rail vehicles. - Offers doors, heating, ventilation, and air conditioning equipment for subways and buses. Also builds new commuter locomotives and refurbishes subway cars. - Major customers include leasing companies, municipalities and public transit authorities, and buses and subway car manufacturers.
Performance
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Geographical Segments
- Australia/New Zealand
- Canada
- China
- Egypt
- France
- Germany
- India
- Italy
- Kazakhstan/Russia/CIS
- Mexico
- Other Africa
- Other Asia/Middle East
- Other Europe
- South America
- Switzerland
- United Kingdom
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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