Wabtec Receives Orders Worth $33 Million For MPXpress(R) Commuter Locomotives
Posted on: Tuesday, 19 June 2007, 09:00 CDT
WILMERDING, PA, June 19 /PRNewswire-FirstCall/ -- Wabtec Corporation said its MotivePower subsidiary has received orders worth $33 million for 12 MPXpress(R) commuter locomotives from transit agencies in California, Minnesota and New Mexico. The locomotives, to be manufactured in Boise, Idaho, are expected to be delivered in 2008-09.
"We've now delivered or received orders for 100 MPXpress(R) locomotives from eight different transit agencies throughout North America since 2003, making it the proven and preferred choice for commuter rail agencies," said Albert J. Neupaver, Wabtec's president and chief executive officer. "We're pleased to be at the forefront of the growth and improvement of public transit."
In the most recent orders, the Southern California Regional Rail Authority and the Metropolitan Council of Minnesota exercised options to purchase an additional four units each, as part of a multi-agency procurement. The Mid- Region Council of Governments in New Mexico, which already has five units in service, exercised its option for another four locomotives.
The MPXpress(R) locomotives offer significant technological improvements, including higher-horsepower engines to move more passengers within the same schedule, improved fuel efficiency, advanced emissions reduction technology and microprocessor controls. They will also meet the latest crashworthiness and safety standards recommended by the American Public Transportation Association. The locomotives will contain a number of components produced by other Wabtec subsidiaries, including the microprocessor control system, braking equipment, brake shoes and radiators.
Wabtec Corporation (http://www.wabtec.com/) is a global provider of value-added, technology-based products and services for the rail and 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. The company has facilities located throughout the world.
Wabtec Corporation
CONTACT: Tim Wesley of Wabtec Corporation, +1-412-825-1543,twesley@wabtec.com
Web site: http://www.wabtec.com/
Company News On-Call: http://www.prnewswire.com/comp/102797.html
Source: PRNewswire-FirstCall
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