Wabtec Corporation (NYSE: WAB) has signed a contract to supply electric, sliding plug doors for 440 subway cars to be built by Hyundai Rotem for the Marmaray project in Istanbul, Turkey. The contract is valued at $30 million. The doors are to be delivered starting in 2010, with the orders completed in 2012. The $4 billion Marmaray project will connect the European and Asian sections of Istanbul upon completion in 2012.
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About Wabtec Corporation
Wabtec Corporation (www.wabtec.com) is a global provider of value-added, technology-based products and services for the rail and transit industry. 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.
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