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Post by les on May 22, 2023 12:44:17 GMT
May 22, 2023 "Wabtec Corporation (NYSE: WAB) signed a deal to modernize 25 Mk3 Battery-Electric Locomotives for Hong Kong-based MTR Corporation. The order, valued at approximately £12 million, will extend the service life of the fleet, improve performance, and reliability. “This order is a result of an extensive collaboration with MTR to define a project that will maximize the capital investment in the fleet,” said Garry Mowbray, Group Managing Director and Regional Vice President UK, Wabtec. “The tailored approach is designed to install the latest technologies where necessary to provide the greatest benefit to MTR’s fleet. This project provides an innovative and lasting transportation solution unlocking the potential of one of our strategic customers assets.”" Hong Kong: Wabtec to Modernise 25 MTR Battery-Electric Locomotives
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