Thread regarding Wabtec layoffs

Wabtec Corp., a maker of locomotives and other train equipment, said Tuesday it formed a joint venture in China to manufacture rail car...

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 in Zhejiang province, located on China's southeastern coast.

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