Wabtec Corporation recently signed a $21 million contract with the National Industrial and Mining Company of Mauritania (SNIM) to provide bogies for new iron ore freight cars for various mining operations in Mauritania. Wabtec’s Standard Car Truck subsidiary will provide bogies and related spare parts for the cars, which will help SNIM increase its iron ore shipments over the next three years. Wabtec expects to complete deliveries of the components in 2014.
Albert Neupaver, Chairman and Chief Executive Officer of Wabtec , said: “This contract demonstrates the global scope and capabilities of our freight rail operations. We believe Wabtec will continue to benefit as countries around the world continue to invest in their freight transportation systems and infrastructure.”