Trucks & Components. Electronics & Control. Positive Train Control. Current Collecting. Signaling & Wayside. Brake & Friction.
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1 THE WESTINGHOUSE AIR BRAKE COMPANY OUR MILESTONES 1869 Invention of the air brake 1908 Introduction 1st pension fund 1913 Introduction 1st paid vacation days 1986 Purchased by American Standard 1990 Purchase in management buyout 1995 Initial public stock offering 1999 Changed name to Wabtec 2015 Exceeded $3,3 billion in sales G E O R G E W E S T I N G H O U S E ( ) OUR SECTORS Trucks & Components Electronics & Control Positive Train Control Current Collecting Signaling & Wayside Brake & Friction Doors & Couplers Locomotives Pneumatics Suspensions Cooling & HVAC Parts, Reconditioning & Overhaul COMPANIES Akapp-Stemmann Austbreck Bach-Simpson Barber Spring Barber Steel Foundry Bearward Engineering Becorit Brecknell Willis Brecknell Willis Composites Brush Traction Cardwell Westinghouse CoFren Dia-Frag Durox Fandstan Electric Group FIP Brakes Fulmer Company G&B Specialties GT Engineering Gerken Group Hunslet Engine Company LH Group Longwood Elastomers Microphor Mors Smitt MotivePower MTC Napier Turbochargers Perma-Cast Poli Pride Bodies Railroad Controls Railroad Friction Products Ricon SanCasT Schaefer Equipment Standard Car Truck Stemmann-Technik Swiger Coil Systems Track IQ TransTech Triangle Engineered Products Turbonetics Unifin Vapor Bus International Vapor Europe Vapor Stone Rail Systems WABCO Freight Car Products WABCO Locomotive Products Wabtec Australia Wabtec Brazil Wabtec China Wabtec Control Systems Wabtec de Mexico Wabtec Europe Wabtec Foundry Wabtec Global Services Wabtec Huaxia Technology Wabtec India Transportation Wabtec MZT Wabtec Passenger Transit Wabtec Poland Wabtec Rail UK Wabtec Rail Scotland Wabtec Railway Electronics Wabtec Rubber Products Wabtec Russia Wabtec Shenyang CNR Wabtec South Africa Wabtec Texmaco Rail Xorail Young Touchstone GLOBAL LEADER RAILWAY TECHNOLOGI ES
2 THE WESTINGHOUSE AIR BRAKE COMPANY OUR MILESTONES 1869 Invention of the air brake 1908 Introduction 1st pension fund 1913 Introduction 1st paid vacation days 1986 Purchased by American Standard 1990 Purchase in management buyout 1995 Initial public stock offering 1999 Changed name to Wabtec 2014 Exceeded $3 billion in sales G E O R G E W E S T I N G H O U S E ( ) OUR SECTORS Trucks & Components Electronics & Control Positive Train Control Current Collecting Signaling & Wayside Brake & Friction Doors & Couplers Locomotives Pneumatics Suspensions Cooling & HVAC Parts, Reconditioning & Overhaul WABTEC KEY FIGURES EUROPE Annual turnover Becorit Brecknell Willis Brush Traction CoFren Fandstan Electric LH Employees Group Mors Smitt > $3,3 billion > REST OF THE WORLD Austbreck Bach Active Simpson patents Bearward Engineering Barber Spring Cardinal > Cardwell Westinghouse Durox FIP Operations Brakes Fulmer Company G&B Specialties GT Engineering InTrans Engineering Microphor Longwood Sales Industries MotivePower Q-Tron Ricon SanCast Standard Car Truck Schaefer Swiger Coil Systems in > 20 countries in > 100 countries MZT Napier Turbochargers Poli Brakes StemmannTechnik Vapor Europe Vapor Stone UK Wabtec Europe Tec Tran TransTech Turbonetics Unifin Vapor Stone Rail Systems Vapor Bus International Vapor Rail Wabco Freight Car Products Wabco LocomotiveProducts Wabtec Austalia Wabtecde Mexico Wabtec Foundry WabtecGlobal Services Wabtec Passenger Transit WabtecRail Limited UK WabtecRailway Electronics Wabtec Rubber Products WabtecSouth Africa Winco XOrail Young Touchstone ZefTek 13 years straight increase year-end stock price at NYSE GLOBAL LEADER RAILW AY TECHNOLOGIES GLOBAL LEADER RAILWAY TECHNOLOGI ES
3 /// ONE COMPANY, TWO SEGMENTS Wabtec Corporation now organized into two operating segments, Freight and Transit: Freight segment, operating under the brand name Wabtec Freight. Transit segment, operating under the brand name Faiveley Transport, a Wabtec company. 2 /// Corporate Presentation, December 2016
4 Company profile Mors Smitt 500 employees 24% Core business Protection and Control of electrical circuits and systems in missioncritical applications serving railcar builders, rail operators, contractors and power utilities worldwide. 70M 56% 20% Railway Rolling Stock Railway Signaling Industry & Power Mors Smitt Holding, France Global reach with 5 production sites and 11 service & sales locations worldwide Vision World leader relay technology in Railway and Power market World leader in train borne energy measuring systems. Mission To be preferred supplier by offering safe, reliable and cost effective solutions with focus on quality and operational excellence exceeding customer expectations. MSA Hong Kong MSBV Netherlands MSC China MSUK United Kingdom MSF France MST United States RMS MS Australia Est Mors Smitt Mors Smitt Merger 1 st LBO, PE 2 nd LBO, PE HongKong MS China MSUK Wabtec RMS Aus
5 Portfolio Railway Technology Energy Measuring Systems Onboard Energy Measuring TSI certification (EN50463) Data storage and export Energy measuring systems Data handling system Data collecting system Focus on RAMSHE Reliability, Availability, Maintainability, Safety, Health, Environment Engineered solutions Turn Key Budget offer 1 week Prototype 16 weeks ICP Train control panels Relay PCB boards Emergency brake override Power distribution unit Prototype design Components 10 million relays in service Relays Circuit breakers Signaling relays Q, N.S1 Hall Effect Sensors Protection relays Services Obsolescence solutions Service, maintenance and training Portable Relay Tester Obsolescence solutions Field service Relay refurbishment Systems Design focus on providing cost reduction, Space & weight reduction, predictable & easy maintenance Intelligent Relay (irep) STM/TPWS 2 Automatic Power Control Intelligent Circuit Protection (icp)
6 Portfolio Industrial Technology Relays Relays Post Office 3000 relays Aux, Trip & Supervision Protection relays Measuring Industrial indicator Maritime indicators Hall Effect Sensors Instruments Appliance & Installation safety testing Appliance testers Test Tools Installation testers Services & solutions Obsolescence solutions Service and maintenance Aftermarket & Service Portable Relay Tester Compliance Lab Obsolescence solutions Calibration services Systems Intelligent Relay (irep) Arc Fault Monitoring Test Blocks systems Protection & Control
7 Mors Smitt markets AW Jun-18 6
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