Description
Company Report & Profile – Wabtec Corporation 2021
At the end of the 19th century, George Westinghouse developed the air brake. The company he founded, Westinghouse Air Brake Technologies Corporation, was to produce and market his invention. In 1999, the company merged with MotivePower Industries and was renamed Wabtec Corporation. Today, the North American corporation is a global manufacturer of air brakes, train control systems, locomotives and components for rail vehicles, as well as a provider of locomotive maintenance, repair and overhaul services. The company’s main sales market is North America, followed by Europe.
The report analyses the development of the company in the past years, describes the product portfolio, compiles the key figures, describes the organisation and the management level, names the main strategic decisions and implemented measures. Within the framework of strengths and weaknesses analyses (SWOT analyses), market trends are mapped onto the company’s potential and examined.
The following sources of information are used for the ASTRAN Company Reports:
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- annual reports,
- company websites,
- press releases,
- investor presentations,
- analyst ratings,
- ASTRAN Rail Market Data Base.
The ASTRAN Company Reports offer a fundamental insight into the respective company reality and thus create a basis for well-founded entrepreneurial and political decisions. ASTRAN’s many years of industry experience and analytical qualifications allow us to identify existing trends and drivers in the markets and use them to make well-founded forecasts about future company development.
ASTRAN Business Consulting GmbH
ASTRAN is an experienced management service provider for technology-oriented companies. With creative strategies, systematic market development and excellent project and process management, we create scope for your sustainable business success.