Wabtec

Wabtec Corporation is a global leader in rail technology, specializing in equipment, systems, digital solutions, and services for the freight and transit rail sectors. Founded in 1869 by George Westinghouse Jr., the company operates in over 50 countries and employs around 25,000 people. In 2022, Wabtec reported $8.4 billion in revenue, with a significant portion coming from aftermarket services.Wabtec's operations are divided into two main segments: Freight and Transit. The Freight segment includes locomotives, modernization services, and digital intelligence solutions, while the Transit segment focuses on mass transit systems and aftermarket services. The company is known for its innovations, such as the automatic air brake and battery-electric locomotives, which enhance safety and sustainability in rail transport. Wabtec serves a diverse range of clients, including freight railroads, transit authorities, and industrial sectors, emphasizing localized solutions and a commitment to sustainability.