Wabtec Acquires Bloom Engineering to Strengthen its Heat Transfer and Energy Solution Portfolio
“This is another exciting addition to Wabtec,” said Mike Fetsko, President of Wabtec’s Freight & Industrial Components Group. “Bloom Engineering is a great fit within our Heat Transfer and Energy Solutions business, and we already serve many of the same customers. Our shared vision toward driving customer productivity within their industrial processes will enable us to deliver a more comprehensive portfolio for our customers to operate more efficiently and sustainably.”
Bloom Engineering’s extensive design and engineering expertise complements Wabtec’s existing capabilities. The world’s leading metal producers have relied on Bloom to identify ways to improve efficiencies, unlock production capacity in their plants, and decrease CO2 and NOX emissions.
Bloom Engineering will join Wabtec as part of its Freight and Industrial Components Group. Wabtec acquired Bloom in the fourth quarter for
About Wabtec
Wabtec Corporation (NYSE: WAB) is revolutionizing the way the world moves for future generations. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and is the worldwide leader in the decarbonization of freight rail. Visit Wabtec’s website at www.wabteccorp.com.
About Bloom Engineering
Headquartered in
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Media Contacts:
Tim Bader
+1 682-319-7925
tim.bader@wabtec.com
Investor Contacts:
Kyra Yates
817-349-2735
kyra.yates@wabtec.com
Source: Wabtec Corporation