Vale to Buy 50 Locomotives From Westinghouse Air Brake

, MT Newswires -  12:16 PM ET 3/26/2025 mergers-and-acquisitions

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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

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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