Wabtec finalizes $405-million locomotive deal with kazakhstan temir zholy

Pittsburgh--(business wire)--wabtec (nyse: wab) announced today a $405-million agreement to supply evolutions series es44aci locomotives to kazakhstan temir zholy (ktz). the new locomotives will upgrade ktz's aging fleet and support growing rail demand in the region. “kazakhstan has a progressive and open-thinking local government that understands the importance of railways in driving the local economy,” said gokhan bayhan, wabtec's regional senior vice president, operations for cis, europe, mi.
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