Wabtec Corporation and WABCO Vehicle Control Systems are separate, independently owned and operated companies. Both Wabtec (railroad, transit and industrial) and WABCO (vehicle control systems) manufacture and market products using the WABCO name. The companies have roots to 1869, when George Westinghouse founded Westinghouse Air Brake Company, and both were part of American Standard, beginning in 1968. In 1990, Wabtec was formed as a separate company when members of its management team bought the business from American Standard. Wabtec later went public in 1995. In 2007, American Standard spun-off WABCO which became a public company on August 1.
Wabtec is a global provider of value-added, technology-based products and services for the freight rail and passenger transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. Wabtec is a publicly traded company and is listed on the New York Stock Exchange under the symbol WAB.
Official website: www.wabco.com