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Wabtec's MotivePower Unit And GE Transportation To Deliver Next-Generation Locomotives To MBTA

Stocks in this article: GE WAB

WILMERDING, Pa., June 26, 2013 /PRNewswire/ -- MotivePower, a unit of Wabtec Corporation (NYSE: WAB), signed a contract with the Massachusetts Bay Transportation Authority (MBTA) to supply 13 additional, next-generation HSP46 passenger locomotives to be delivered in 2014.  The locomotives, which will be compliant with EPA Tier 3 and FTA Buy America, are manufactured in Boise, Idaho with major components supplied by GE Transportation of Erie, Pa. 

The new contract follows previous orders for 27 locomotives and is valued at over $70 million including training, manuals and spare parts.  GE has worked closely with MotivePower on design, integration and testing.  Major components supplied by GE from its Erie and Grove City, Pa. facilities include diesel engines, head-end power systems, computer control systems and its unique individual-axle AC traction systems. 

The new HSP46 design provides dramatically improved fuel efficiency, reduced emissions and lower life-cycle costs compared to the existing MBTA locomotives.  The new locomotives include the following components and systems manufactured by Wabtec units:  FastBrake® electronic air brakes, air compressors, event recorders, tread brake units, brake shoes, aftercoolers and radiators. 

Albert J. Neupaver, Wabtec's Chairman and Chief Executive Officer, said:  "Commuter rail agencies across North America demand safe, reliable, cost-effective and environmentally responsible service, and locomotive power is a key ingredient.  These next-generation locomotives, which include AC traction propulsion and remotely monitored on-board diagnostics technologies, should serve MBTA customers well for many years to come and provide the foundation for higher-speed rail corridors of the future."

Lorenzo Simonelli, CEO of GE Transportation, said:  "GE is proud to partner with MotivePower to deliver to the MBTA the next generation of advanced passenger locomotives to meet the needs of the greater Boston region's vibrant transportation system.  These high-performance locomotives will provide the reliability that commuters demand, while being more fuel-efficient and environmentally friendly."      

Wabtec Corporation is a global provider of value-added, technology-based products and services for rail and other 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. MotivePower ( www.motivepower-wabtec.com) is an industry leader in the design, manufacture and re-manufacture of diesel-electric locomotives.

Established more than 100 years ago, GE Transportation ( www.getransportation.com), a unit of General Electric Company (NYSE: GE), is a global technology leader providing solutions for the world's toughest transportation challenges.  GE Transportation builds fuel-efficient and lower-emissions freight and passenger locomotives, signaling and software solutions, high-quality OEM replacement parts and value added services to help customers grow.

SOURCE Wabtec Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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