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Wabtec Corporate (WAB)

- NYSE
  • Feb. 1, 2013, 11:27 AM
    Wabtec (WAB +2.8%) moves higher today after saying it's acquired Napier Turbochargers, a UK -based provider of turbochargers and related parts for the worldwide power generation and marine markets with annual sales of about $55M. WAB expects the transaction to be accretive in the first year.
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Company Description
Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, the Freight and Transit.
Sector: Services
Industry: Railroads
Country: United States