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Rail News Home Railroading Supplier Spotlight

3/15/2017



Rail News: Railroading Supplier Spotlight

Rail supplier news from Wabtec, NRE, HNTB and Cando Rail (March 15)


Wabtec Corp. has acquired Aero Transportation Products (ATP), a manufacturer of engineered freight-car components. ATP, which has annual sales of about $40 million, makes hatch covers and outlets for freight cars. ATP's engineering expertise, technology and proprietary designs will be a "strong addition" to Wabtec's existing product development efforts, said Wabtec President and Chief Executive Officer Raymond Betler in a press release. Financial terms of the acquisition were not disclosed.

The Connecticut Department of Transportation (CTDOT) has awarded NRE a contract to overhaul six GP40-2H locomotives, which are used on the state's Shore Line East passenger-rail service. The units were built in the 1970s and will be renewed by NRE for another lifecycle, company officials said in a press release. NRE will produce more than 90 percent of the locomotive's components in-house. The company guaranteed delivery of the locomotives within 450 days of receipt from CTDOT.

HNTB Corp. has hired Amit Bose as associate vice president and mid-Atlantic district transit and rail director. He previously served as deputy administrator and chief counsel at the Federal Railroad Administration. Bose, who has 16 years of public-sector experience, also worked at New Jersey Transit and the New Jersey Department of Transportation. In addition, he's been involved in the Northeast Corridor Gateway Program, California's high-speed rail project and the U.S. Department of Transportation's Build America Bureau.

STV has promoted Scott McIntyre to senior vice president. He previously served as a New York City-based project manager. During his time at STV, McIntyre also was project director for the $3.9 billion World Trade Center Transportation Hub, as well as the $1.9 billion AirTrain at John F. Kennedy International Airport. In addition, he provided support for New Jersey Transit's $1 billion Hudson-Bergen light-rail project.

Deloitte has recognized Cando Rail Services as one of Canada's best managed companies. Deloitte's 2017 Best Managed program recognizes companies that demonstrate strategy, capability and commitment toward achieving sustainable growth, Cando officials said in a press release. The program is limited to companies with more than 15 million Canadian dollars in revenue. Cando's services include industrial switching, material handling, rail-car storage and repair, and short-line operations. The company operates at more than 25 sites across Canada and the United States.



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