CHINA: The Wabtec Golden Bridge Transportation Technology Co joint venture formed by Wabtec Corp and Hangzhou Golden Bridge Railway Equipment Co to manufacture metro couplings in China has won its first contract.
The US$7m order announced on June 22 covers the supply of couplers for Hangzhou Metro cars. 'With this joint venture and its first contract, we have continued to increase our presence in China, one of the fastest-growing rail markets in the world', said Wabtec President & CEO Albert J Neupaver.
