Wabtec gets $63M contract from Canada's Metrolinx

Wabtec will make 10 more low-emission locomotives for Metrolinx under new $63M contract

Associated Press

WILMERDING, Pa. (AP) -- Westinghouse Air Brake Technologies said Tuesday it will build low-emission locomotives for Metrolinx of Canada under a new $63 million contract.

Wabtec said it will make 10 new locomotives with low-emission engines. It will make the trains at its facility in Boise, Idaho, and expects to start delivering them in 2016.

Metrolinx is a transportation agency that is part of the government of Ontario. It is the regional transportation authority for the Greater Toronto and Hamilton area. The agency ordered 11 new locomotives from Wabtec in 2012.

Shares of Westinghouse Air Brake Technologies Corp. rose 2 cents to $62.97 in morning trading.

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