Wabtec Layoffs


Messages relating to layoffs at Wabtec are presented below the company info.

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Heavy Machinery & Materials
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Posts regarding layoffs at Wabtec

(Sat 07/10/10 21:35:30 UTC)

Wabtec Corp., a maker of locomotives and other train equipment, said Tuesday it formed a joint venture in China to manufacture rail car couplers, or connectors. The joint venture already received its first order, a $7 million contract to provide couplers for subway cars for the Hangzhou Metro line ... read more


(Mon 06/15/09 00:00:00 UTC)

That's what "the Company said." In actuality they laid off more than 170 in Tennessee and are preparing to lay off 160 in Idaho this month. Future orders are nearly non-existent.


(Thu 03/12/09 00:00:00 UTC)

nah, do not spread fear - all is fine here: Growth in 2009 is expected to be flat to slightly down, as gains from recent acquisitions and a good transit market are offset by a headwinds in currency exchange rates, the current economy and a decline in manufacturing of railcars, the company said.


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