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Stock impact report

CPKC investing US$800 million in American manufacturing with Tier 4 locomotives [Yahoo! Finance]

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: Yahoo! Finance
fleet with the world's two leading locomotive manufactures as part of an ongoing multi-year US$800 million investment in American industry. Having completed the purchase of 100 Wabtec Tier 4 locomotives built in Texas in 2025, today CPKC said it will add 30 additional Tier 4 locomotives from Progress Rail in 2026 to be built in Indiana. This year, CPKC also expects delivery of 70 more Texas-built Tier 4 units from Wabtec. "Our purchase of additional new Tier 4 locomotives, proudly made in the USA, continues CPKC's commitment to renew our locomotive fleet through a more than US$800 million investment in American manufacturing capacity," said Mark Redd, CPKC Executive Vice President and Chief Operating Officer. "We are investing in our road locomotive fleet for growth and to maintain our industry-leading service for our customers and the North American economy, powered by a fleet with improved reliability and fuel efficiency." In January, CPKC expects to receive the first two of 7 Show less Read more
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