Wabtec Corporation has acquired Workhorse Rail LLC, a supplier of engineered freight car components. The company has annual sales of about USD 35 million.
Workhorse Rail supplies freight car couplers, knuckles and related parts to a variety of Class I railroads and freight car manufacturers. The company offers a variety of product designs and sells primarily in the North American aftermarket.
“Workhorse Rail brings an excellent reputation, strong engineering capabilities and new products to our portfolio. In addition, we believe Wabtec’s geographic presence and aftermarket footprint will provide opportunities to expand Workhorse Rail’s customer base in North America and globally,” Raymond T. Betler, Wabtec’s CEO said.
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