VINCI Construction, through its subsidiary ETF, and Colas Rail have been awarded a €100m ($117.7m) contract to construct the second stretch of the Alameda-Melipilla railway line in Chile, enhancing connectivity from Santiago to the south-west of the co…
Wabtec to acquire Frauscher Sensor Technology Group
Wabtec Corporation has announced that it has entered into a definitive agreement to acquire Frauscher Sensor Technology Group GmbH (Frauscher), a global market leader in train detection, wayside object control solutions, and axle counting systems. The acquisition positions Wabtec for accelerated, profitable growth, and further strengthens the Company’s Digital Intelligence business by adding highly attractive […]