Wabtec signs $21 million contract to provide ECP braking equipment to Rio Tinto in Australia

Wabtec Corporation (NYSE: WAB) has signed a $21 million contract with Rio Tinto, a leading international mining company, to provide electronically controlled pneumatic (ECP) braking equipment for a portion of the company’s freight cars and locomotives in Australia. The equipment will be delivered in 2011-12. Read more

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