financetom
Business
financetom
/
Business
/
Vale to Buy 50 Locomotives From Westinghouse Air Brake
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vale to Buy 50 Locomotives From Westinghouse Air Brake
Mar 26, 2025 9:47 AM

12:16 PM EDT, 03/26/2025 (MT Newswires) -- Vale (VALE) said Wednesday it entered an agreement to purchase 50 new locomotives from Westinghouse Air Brake Technologies ( WAB ) as it seeks to boost efficiency and cut emissions from its rail operations.

The locomotives will be produced at Wabtec's factory in Contagem, Brazil, and will be delivered starting next year, Vale said.

Financial terms of the deal weren't disclosed.

Price: 10.08, Change: -0.01, Percent Change: -0.10

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved