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Press Release
  • Wabtec’s Vapor Stone Rail Systems Celebrates Site Expansion

    09/12/2019

    PLATTSBURGH, NY – September 12, 2019: Wabtec Corporation’s Vapor Stone Rail Systems celebrated its continued investment in Plattsburgh with the grand opening of its plant on Arizona Ave. The new 60,000-sq-ft facility, which is the company’s second plant adjacent to the Plattsburgh International Airport, supports the company’s continued growth by increasing its manufacturing capabilities and adding warehouse space.

    “We are proud to be opening this new plant, which will allow us to expand our capabilities as a...

  • WABTEC ANNOUNCES PRICING OF PUBLIC OFFERING BY SELLING STOCKHOLDER

    08/07/2019

    WILMERDING, PA – August 7, 2019: Wabtec Corporation (NYSE: WAB) today announced the pricing of an underwritten secondary offering of 20,485,156 shares of Wabtec common stock at a public offering price of $72.50 by General Electric Company (“GE”), as the sole selling stockholder. The offering is expected to close on or about August 9, 2019, subject to the satisfaction of customary closing conditions. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 2,048,515 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering. ...