Press Releases

Vale announced an agreement with Wabtec Corporation (NYSE:WAB) to acquire 50 new Evolution Series Locomotives for Vitória a Minas Railroad (EFVM) and Carajás Railroad (EFC). The order is a major step in Vale’s fleet modernization initiative and decarbonization program to improve the efficiency and reduce emission of its rail operations. Wabtec will manufacture the locomotives at its plant in Contagem, Brazil with deliveries starting in 2026.

PITTSBURGH, March 26, 2025 – Wabtec Corporation (NYSE: WAB) announced it will report 2025 first quarter results before the U.S. financial markets open on April 23, 2025. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and click on “Events & Presentations” in the “Investor Relations” section. An audio replay of the call will be available by calling 1-877-344-7529 or 1-412-317-0088 (access code: 1346315).

PITTSBURGH, March 18, 2025 – Wabtec Corporation (NYSE: WAB) announced today a definitive agreement to acquire Dellner Couplers, a global leader in highly engineered safety-critical train connection systems and services for passenger rail rolling stock. The acquisition brings highly attractive and complementary technologies to Wabtec and positions the Company for accelerated, profitable growth, while strengthening its portfolio of mission critical passenger rail systems.

PITTSBURGH – March 05, 2025 – Wabtec Corporation (NYSE: WAB) announced today that it secured approval as a RailPulse Certified Telematics Vendor. This certification marks a significant milestone in the company’s ongoing commitment to improving the safety and productivity of rail shipments through its advanced railcar telematics platform.

PITTSBURGH, February 12, 2025 – Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2024 GAAP earnings per diluted share of $1.23, up 2.5% versus the fourth quarter of 2023. Fourth quarter adjusted earnings per diluted share were $1.68, up 9.1% versus the same quarter a year ago. Fourth quarter sales were $2.58 billion and cash from operations was $723 million. Full year 2024 GAAP earnings per diluted share were $6.04, up 33.3% versus full year 2023. Full year adjusted earnings per diluted share were $7.56, up 27.7% versus full year 2023. Total 2024 sales were $10.39 billion and cash from operations was a record $1.83 billion.

PITTSBURGH, Feb. 10, 2025 – Wabtec Corporation (NYSE: WAB) announced the appointment of Juan Perez to its Board of Directors, effective January 29, 2025. Mr. Perez also will be a nominee for election at Wabtec’s annual meeting of stockholders in May 2025.

PITTSBURGH, Feb. 7, 2025 – Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 25 cents per share, payable on March 7, 2025, to holders of record on February 21, 2025.

PITTSBURGH, Feb. 4, 2025 – Wabtec Corporation (NYSE: WAB) announced today an agreement to provide KinetiX Inspection Technologies to Société Nationale des Chemins de Fer français (SNCF) Voyageurs. The order enables the French national railway company to enhance the safety, efficiency, and reliability of its rail network.

BENGALURU, FEBRUARY 3, 2025 — Wabtec Corporation announced today the winners of the company’s 2024-25 “Exceed 3.0 Campus Challenge” in India. In it’s third edition, the challenge provided these aspiring professionals an opportunity to showcase their creative capabilities and align them with the dynamic, complex realities of the railroad industry.

PITTSBURGH, JANUARY 28, 2025 - Wabtec Corporation (NYSE: WAB) today announced a US$248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou (WCS, a Baowu & Winning joint venture) to support their rail operations at the high-grade iron ore project, located in the east of Guinea. The agreement follows a locomotive order a few months earlier from SimFer (a Rio Tinto joint venture) to serve its operations at Simandou. The combined orders for the project, valued at more than half a billion, represent one of Wabtec’s largest international locomotive agreements in the past five years.

PITTSBURGH, Jan.23, 2025 — Wabtec Corporation (NYSE: WAB) announced today that TRANSAP, a leading rail-based logistics company in Chile, ordered four of its advanced C30ACi locomotives. The order is part of TRANSAP’s fleet renewal initiative to support the company’s growth.

PITTSBURGH, January 14, 2025 – Wabtec Corporation (NYSE: WAB) announced a definitive agreement to acquire Evident’s Inspection Technologies division (Inspection Technologies), formerly part of the Scientific Solutions Division of Olympus Corporation, a global leader in Non-Destructive Testing, Remote Visual Inspection and Analytical Instruments solutions for mission critical assets. Recognized for its industry-leading brands and reference-standard technologies, Inspection Technologies brings highly attractive and complementary technologies to Wabtec’s Digital Intelligence business. This acquisition positions Wabtec for accelerated, profitable growth while reinforcing its strong commitment to enhancing customer productivity, reliability and safety.

PITTSBURGH, January 13, 2025 – Wabtec Corporation (NYSE: WAB) announced it will report 2024 fourth quarter results before the U.S. financial markets open on February 12, 2025. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day.

PITTSBURGH, Jan. 7, 2025 — The Wabtec (NYSE: WAB) R255 Hybrid Battery-Diesel Work Locomotives for maintenance operations have been approved by New York’s Metropolitan Transportation Authority (MTA) for use across its subway network. The new additions to the maintenance fleet will reduce diesel emissions by using battery power while conducting work in the tunnels

PITTSBURGH, December 30, 2024 – Wabtec Corporation (NYSE: WAB) announced today it has acquired Bloom Engineering, Inc., a leading provider in industrial heating applications. This acquisition strengthens Wabtec’s portfolio of heat transfer and energy solutions, integrating Bloom Engineering’s advanced technologies in burners, combustion systems, and overall services for industrial and process heating applications. The combination of Bloom Engineering with Wabtec’s existing portfolio of products and services will accelerate global growth in this highly profitable segment, while providing increased value to its worldwide customer base.