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Wabtec Unit Signs $12 Million Contract To Overhaul Locomotives

Posted on June 7, 2005

Wabtec Corporation today announced that its MotivePower subsidiary has signed a US$12 million contract to overhaul 70 locomotives for Helm Financial Corporation, a lessor of freight cars and locomotives.

The locomotives are currently in service for the Union Pacific Railroad and will be delivered to the railroad as the overhauls are completed. The work will be performed at MotivePower’s Boise, Idaho, U.S.A. facility, with deliveries beginning in the third quarter of 2005 and ending in late 2006.

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