Westinghouse Air Brake Technologies : 5/10/2017 Wabtec Shareholders Approve Company Proposals At Annual Meeting
May 10, 2017 at 02:07 pm EDT
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WILMERDING, PA, May 10, 2017 - Wabtec Corporation (NYSE: WAB) shareholders today elected four directors and approved other company proposals at its annual meeting in Pittsburgh. Directors elected were: Raymond Betler, Philippe Alfroid, Emilio Fernandez and Lee Foster, II.
Shareholders also ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the 2017 fiscal year, and approved proposals relating to executive and Board compensation.
Wabtec Corporation (www.wabtec.com) is a leading global provider of equipment, systems and value-added services for transit and freight rail. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. The company has facilities located throughout the world.
Wabtec Corporation published this content on 10 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 May 2017 18:06:22 UTC.
Original documenthttps://www.wabtec.com/press-releases/7700/wabtec-shareholders-approve-company-proposals-annual-meeting
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Westinghouse Air Brake Technologies Corporation is one of the world's leading suppliers of value-added technological equipment, systems and services for the transportation sector. The activity is aorganized primarily around 4 families of products and services:
- electronics and special products: including electronic positive train control and pneumatic braking systems, event recorders, monitoring equipment, couplings, gears, couplers, air compressors and heat exchangers;
- transit products: heating, ventilation and air conditioning equipment, doors for buses and metro cars, pantographs, window assemblies, couplers, traction motors, etc.;
- brake components and friction products;
- refurbishment, overhaul and construction services: suburban locomotive construction and switching, overhaul and refurbishment of buses, subway cars and locomotives.
Net sales per market are divided between rail freight transport (71.9%), bus, metro and high-speed train transport (28.1%).
Net sales are distributed geographically as follows: the United States (47%), North America (9.1%), Europe (17%), South America (3.6%), Africa (1.1%) and other (22.2%).
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION 
