Wabtec Signs $27 Million Contract To Provide Signaling/PTC For RTD Commuter Rail In Denver
Wabtec has signed a $27 million contract with Regional Rail Partners to provide Phase I signaling and communications systems, including Positive Train Control (PTC) equipment, for the new North Metro Rail Line in Denver. The line will eventually be integrated into Regional Transit District commuter rail services. Under the contract, Wabtec’s Xorail division is providing wayside signaling and communications systems, along with integration and project management services. This new contract follows two others that Wabtec was previously awarded in connection with the Denver project...
Wabtec Reports 3Q EPS of $1.02, Up 10 Percent, And Cash Flow From Operations of $144 Million; Affirms Full-Year Earnings Guidance
Wabtec Reports 3Q EPS of $1.02, Up 10 Percent, And Cash Flow From Operations of $144 Million; Affirms Full-Year Earnings Guidance WILMERDING, PA, Oct. 22, 2015 – Wabtec Corporation (NYSE: WAB) today reported results for the 2015 third quarter, including the following: Third quarter sales were $810 million, 2 percent higher than the year-ago quarter, due to growth in the Freight Group. Changes in foreign exchange rates reduced sales by about $39 million compared to the year-ago quarter. Income from operations was $152 million, or a record 18.8 percent of sales, compared to...
Wabtec Reports Record Quarterly Sales and Earnings; 2Q EPS of $1.04, Up 14 Percent
Wabtec Reports Record Quarterly Sales and Earnings; 2Q EPS of $1.04, Up 14 Percent; Affirms Full-Year EPS Guidance WILMERDING, PA, July 23, 2015 – Wabtec Corporation (NYSE: WAB) today reported record results for the 2015 second quarter, including the following: Second quarter sales were a record $847 million, 16 percent higher than the year-ago quarter, due to strong growth in the Freight segment. Income from operations was a record $156 million, or 18.4 percent of sales, compared to 18.1 percent in the year-ago quarter. Earnings per diluted share were a record $1.04, which was...
Car Meet and Parking Lot Sale
Please join us on September 12, 2015 from 10:00am to 2:00pm Plenty of good food, music and great cars!
TURBONETICS ANNOUNCES RELEASE OF TNX SERIES TURBOCHARGERS
Turbonetics today announced the release of the highly anticipated TNX Series turbochargers. This an all new turbocharger that utilizes state of the art Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) tools to optimize performance and durability. The TNX Compressor Wheels and Housings are designed for high air flow and wide operating range to maximize horsepower and drivability. The turbines are designed for low inertia and high exhaust temperatures for fast boost response and longevity under extreme operation. The TNX Series Turbocharger features: • Patent Pending...
Power-Gen 2015
Please join us at Power-Gen in Las Vegas, NV December 8 - 10, 2015 at the Las Vegas Convention Center.
Wabtec Reports Record Quarterly Earnings; Increases Full-Year EPS Guidance
WILMERDING, PA, April 22, 2015 – Wabtec Corporation (NYSE: WAB) today reported record results for the 2015 first quarter, including the following: First quarter sales were $819 million, 18 percent higher than the year-ago quarter, due to growth in the Freight Group. Income from operations was a record $148 million, or 18.1 percent of sales, compared to 17.5 percent in the year-ago quarter.Earnings per diluted share were a record 99 cents, which was 19 percent higher than the year-ago quarter. At March 31, 2015, the company had cash of $249 million and debt of $421...
Turbonetics at AUVSI - Atlanta, GA. May 4 - 7, 2015
AUVSI’s Unmanned Systems 2015 is the place to see the most comprehensive collection of unmanned systems for every domain—air, ground and maritime. Last year was a record breaking year, featuring more than 350,000 sq. ft. (32,500 sq. m.) of exhibit space, 600+ exhibitors and more than 8,000 attendees from over 55 countries plus 400 members of the press and media.
Turbonetics at Power Gen International, Orlando FL Dec. 7-11, 2014
Throughout the years, POWER-GEN International has covered it all, providing a world stage for the innovations, ideas and solutions that have formed the industry for more than two decades. Since its inception in 1988 in Orlando, POWER-GEN International has traveled coast-to-coast and evolved into the largest, most respected power generation event in the world. Turbonetics is pleased to participate again this year and will be displaying our latest innovations of turbochargers, heat exchangers and regulators for engine aspiration requirements for increased power and efficiency....
Wabtec Reports Record Quarterly Results; 3Q EPS of 93 Cents, Up 22 Percent; Increases Full-Year EPS Guidance
WILMERDING, PA, Oct. 28, 2014 – Wabtec Corporation (NYSE: WAB) today reported record results for the 2014 third quarter, including the following: Third quarter sales were a record $797 million, 26 percent higher than the year-ago quarter, with about half of the growth due to acquisitions. Income from operations was a record $136 million, or 17.1 percent of sales. Earnings per diluted share were a record 93 cents, which was 22 percent higher than the year-ago quarter. Cash flow from operations in the quarter was $93 million, or 12 percent of sales, exceeding net income of $90...
Turbonetics takes to the Skies!
We are very excited to once again sponsor Andy Findlay and the "One Moment Air Racing" team whose mission is to develop and build the fastest 2014 Sport Class Gold Racing plane to compete in the National Championship Air Races held in Reno. September 10-14, 2014.
Turbonetics Goes Platinum with CAT!
Turbonetics, A Wabtec Company, has received Caterpillars highest “Supplier Quality Excellence Process” (SQEP ) Award for the 2nd consecutive year! Caterpillar's SQEP program is designed to place special emphasis on supplier performance excellence: certification and is awarded to suppliers that can enhance the quality of Cat’s products and services through achieving the highest levels of quality, delivery, process control, Six-Sigma and Lean manufacturing process. This certification demonstrates Turbonetics strong values and ethical principles in conducting...
Turbonetics Receives Wabtec Caboose Safety Award
At Turbonetics Inc. we believe that integrating safety and health into every operation at our corporation is of the utmost imp01iance. The health and safety of our employees continues to be the first consideration in our operations. To this extent, Turbonetics, Inc. strives to comply with all applicable laws and regulations that govern our operations. In so doing, we conduct our processes and operations in a manner that reduces or eliminates the conditions that are unhealthful or could cause injury to our employees. Employees are consistently urged to report unsafe conditions in their...
Wabtec Reports Record Quarterly Sales and Earnings; 1Q EPS of 83 Cents, Up 15 Percent
WILMERDING, PA, April 23, 2014 – Wabtec Corporation (NYSE: WAB) today reported record results for the 2014 first quarter, including the following: First quarter sales were a record $695 million, 13 percent higher than the year-ago quarter, due mainly to growth in the Freight Group. Income from operations was a record $122 million, or 17.5 percent of sales, compared to 16.8 percent in the year-ago quarter. Earnings per diluted share were a record 83 cents, which was 15 percent higher than the year-ago quarter. At March 31, 2014, the company had cash of $295 million and...
Please see us at AUVSI in Orlando, Fl
We will be at Booth #1912. Imagine being in one place with the biggest influencers in the industry, who all want to share their most valuable knowledge with you. Fundamental and Advanced Programming Learn about important issues, advancements, and opportunities in the unmanned systems and robotics industry. More than 100 technical sessions, panels and workshops will feature the industry's top speakers and leading experts. Cutting-Edge Products and Technology Explore the latest technology on the market from more than 600 innovators. Collaboration and Networking Events With more...
