Wabtec Corporation announced Dec. 20 that it has acquired Workhorse Rail LLC, a supplier of engineered freight car components, mainly for the aftermarket.
The company has annual sales of about $35 million.
Workhorse Rail supplies freight car couplers, knuckles and related parts to a variety of Class I railroads and freight car manufacturers. The company offers a variety of product designs and sells primarily in the North American aftermarket.
Raymond T. Betler, Wabtec’s president and chief executive officer, said: “Workhorse Rail brings an excellent reputation, strong engineering capabilities and new products to our portfolio. In addition, we believe Wabtec’s geographic presence and aftermarket footprint will provide opportunities to expand Workhorse Rail’s customer base in North America and globally.”