Wabtec Gets $248 Million Order for Locomotives, Services

Dow Jones

01-29

By Chris Wack

Wabtec said it has received a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou to support rail operations at its high-grade iron ore project, located in the east of Guinea.

The freight and rail company said the agreement follows a locomotive order a few months earlier from SimFer to serve its operations at Simandou.

The combined orders for the project, valued at more than $500 million, represent one of Wabtec's largest international locomotive agreements in the past five years.

The ES43ACmi is a dual-cab locomotive with a 4,500HP Evolution Series engine. Wabtec will begin delivering locomotives for the Simandou project in 2025.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 28, 2025 12:48 ET (17:48 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Wabtec will begin delivering locomotives for the Simandou project in 2025. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 12:48 ET (17:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1923622291.USD","symbol_name":"Natixis Thematics Safety R/A USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507492205","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507492205","pubTimestamp":1738086480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Wabtec said it has received a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou to support rail operations at its high-grade iron ore project, located in the east of Guinea.The freight and rail company said the agreement follows a locomotive order a few months earlier from SimFer to serve its operations at Simandou.The combined orders for the project, valued at more than $500 million, represent one of Wabtec's largest international locomotive agreements in the past five years.The ES43ACmi is a dual-cab locomotive with a 4,500HP Evolution Series engine. 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Wabtec will begin delivering locomotives for the Simandou project in 2025. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 28, 2025 12:48 ET (17:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}