Wilmerding, Pa.-based Wabtec Corp. has acquired Railroad Controls L.P., a provider of railway signal construction services with annual revenue of about $75 million in 2014.
Benbrook, Tex.-based Railroad Controls L.P. was a subsidiary of RCL Services Group, LLC, Wabtec said in making the announcement Wednesday afternoon, Feb. 4, 2015. RCL Services Group is also based in Benbrook.
Railroad Controls' capabilities "include installation of grade crossing warning signals, wayside and interlocking signals, and Positive Train Control-related equipment," Wabtec said. Railroad Controls has about 500 employees, and its management team has extensive experience with Class I railroads in the U.S.
Wabtec President and CEO Raymond T. Betler said, "In recent years we have expanded our presence in signal design, engineering, project management, and construction through organic growth initiatives and the acquisitions of Xorail and C2CE. Railroad Controls further strengthens our turnkey capabilities in this key market segment and provides technical expertise that complements our existing electronics, signaling and train control offerings."