Wabtec Buys Dia-Frag - Quick Facts

By RTT News, 
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(RTTNews.com) - Wabtec Corp. ( WAB ) announced it has acquired Dia-Frag, a manufacturer of friction products in Brazil. Based in Monte Alto, Dia-Frag manufactures friction products for various markets, with a focus on motorcycle braking equipment.

Dia-Frag has about 300 employees and a 15,000-square-meter production facility, which Wabtec intends to use as a manufacturing center of excellence for various product lines. Dia-Frag has annual sales of about $40 million.

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Referenced Stocks: WAB

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