
Wabtec to Refurbish Passenger Cars for U.K. High-Speed Trains
WILMERDING, Pa. – Wabtec Corp.’s Wabtec Rail subsidiary has signed a $27 million contract to refurbish 103 passenger cars for high-speed trains operated by Great North Eastern Railway Limited (GNER) of London. The project will begin immediately, with deliveries scheduled for 2007-08. “This contract represents an important milestone in the growth of our vehicle refurbishment capabilities at Wabtec Rail,” said Albert J. Neupaver, Wabtec’s president and chief executive officer. Under the contract, Wabtec Rail will refurbish the interior of the cars, including new seating, luggage racks and lighting, and will paint the exterior. The work will be performed at Wabtec