July 17, 2012

Wabtec buys Tec Tran

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WABTEC has confirmed the acquisition of Tec Tran Corp, United States, a manufacturer of hydraulic braking systems and related components for LRVs.

Based in North Carolina, Tec Tran was founded more than 30 years ago and has sales of around $US 10m to international transit rolling stock manufacturers and American transit operators. In addition to braking systems, the company designs and manufactures components such as callipers, power units, electronic controls and brake discs for new and after-sales applications.

"With its expertise in hydraulic braking equipment, Tec Tran offers new capabilities and technology to complement our product portfolio," says Mr Albert Neupaver, Wabtec president and CEO.

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