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Home / IBR Headlines / Wabtec will pay $18.1 million after ruling (access required)

Wabtec will pay $18.1 million after ruling (access required)

Wabtec Corp., whose MotivePower business operates a locomotive plant in Boise, on June 28 said it will record an $18.1 million charge in the second quarter. The amount was not included in previous financial guidance. It is equal to a court’s June 28 award to Faiveley Transport S.A. subsidiaries. The charge will not affect MotivePower, Wabtec spokesman ...

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