Wabtec Signs $21 Million Contract To Provide Bogies For Freight Cars In Mauritania PR Newswire WILMERDING, Pa., July 15, 2013 WILMERDING, Pa., July 15, 2013 /PRNewswire/ --Wabtec Corporation (NYSE: WAB) signed a $21 million contract with SNIM, the National Industrial and Mining Company of Mauritania, to provide bogies for new iron ore freight cars. SNIM operates a railway and various mining operations in Mauritania. Under the contract, Wabtec's Standard Car Truck subsidiary will provide bogies and related spare parts for the cars, which will help SNIM increase its iron ore shipments significantly over the next three years. Wabtec expects to complete deliveries of the components in 2014. Albert J. Neupaver, chairman and chief executive officer of Wabtec, said: "This contract demonstrates the global scope and capabilities of our freight rail operations. We believe Wabtec will continue to benefit as countries around the world continue to invest in their freight transportation systems and infrastructure." Wabtec Corporation is a global provider of technology-based products and services for rail and industrial markets. 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. The company has facilities located throughout the world. Contact: Tim Wesley Phone: 412.825.1543 Wabtec Corporation E-mail: firstname.lastname@example.org 1001 Air Brake Avenue Website: www.wabtec.com Wilmerding, PA 15148 SOURCE Wabtec Corporation Website: http://www.wabtec.com
Wabtec Signs $21 Million Contract To Provide Bogies For Freight Cars In Mauritania
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