Wabtec Corp. has acquired AM General Contractor, a manufacturer of safety systems for passenger-rail cars. AM primarily builds fire protection and extinguishing systems, including patented infrared technology. The company also provides aftermarket services and components for both rail and industrial markets. The acquisition will open up growth opportunities in an expanding retrofit market over the next five years, said Wabtec President and Chief Executive Officer Raymond Betler in a press release. Financial details of the transaction weren't disclosed.
Fort Worth & Western Railroad (FWRR) has selected Herzog Technologies Inc. to provide positive train control (PTC) hosting services, which are designed to simplify and accelerate PTC implementation. Herzog's hosting services also will help make the short line interoperable with its host railroads, company officials said in a press release. FWRR is implementing PTC on a number of locomotives as required by federal legislation. The railroad operates 276 miles of track through eight counties in North Central Texas.
Copyright
© © TradePress Media Group, Inc.