WABCO Holdings
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WABCO Holdings
WABCO Holdings, Inc. is an American provider of electronic braking, stability, suspension and transmission automation systems for heavy duty commercial vehicles. Their products are present in many commercial vehicles as truck, bus, trailer and off-highway vehicles, but only fill niche roles. In March 2019, the company was acquired by German auto parts maker ZF Friedrichshafen, and the acquisition closed in May 2020. History Westinghouse Air Brake Company (also known for its acronym "WABCO") was founded in 1869. Part of that company was acquired by American Standard in 1968 and were designated as American Standards' Vehicle Control Systems division. American Standard changed its name to Trane, Inc. and on July 31, 2007, Trane spun off its Vehicle Control Systems as WABCO Holdings, Inc via a special dividend to its shareholders. The owners of Trane, Inc. stock received one share of WABCO Holdings for every three shares of Trane, Inc which they held. Trane, Inc. was acquired b ...
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Westinghouse Air Brake Company
The Westinghouse Air Brake Company (sometimes nicknamed or abbreviated WABCO although this was also confusingly used for spinoffs) was founded on September 28, 1869 by George Westinghouse in Pittsburgh, Pennsylvania. Earlier in the year he had invented the railway air brake in New York state. After having manufactured equipment in Pittsburgh for a number of years, he began to construct facilities and plants east of the city where homes for his employees were built. In 1889, the air brake manufacturing facility was moved to Wilmerding, Pennsylvania, and the company's general office building was built there in 1890. In 1921 the company began manufacturing a modified air brake system for installation in trucks and heavy vehicles. In 1953 WABCO entered the heavy equipment marketplace, buying the assets of leading equipment designer R.G LeTourneau. An entity known as LeTourneau-Westinghouse sold a range of innovative products, including scrapers, cranes and bulldozers until 196 ...
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Transmission (mechanics)
Propulsion transmission is the mode of transmitting and controlling propulsion power of a machine. The term ''transmission'' properly refers to the whole drivetrain, including clutch, gearbox, prop shaft (for rear-wheel drive vehicles), differential, and final drive shafts. In the United States the term is sometimes used in casual speech to refer more specifically to the gearbox alone, and detailed usage differs. The transmission reduces the higher engine speed to the slower wheel speed, increasing torque in the process. Transmissions are also used on pedal bicycles, fixed machines, and where different rotational speeds and torques are adapted. Often, a transmission has multiple gear ratios (or simply "gears") with the ability to switch between them as the speed varies. This switching may be done manually (by the operator) or automatically (by a control unit). Directional (forward and reverse) control may also be provided. Single-ratio transmissions also exist, which simply cha ...
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Auto Parts Suppliers Of The United States
Auto may refer to: * An automaton * An automobile * An autonomous car * An automatic transmission * An auto rickshaw * Short for automatic * Auto (art), a form of Portuguese dramatic play * ''Auto'' (film), 2007 Tamil comedy film * Auto (play), a subgenre of dramatic literature * Auto (magazine), an Italian magazine and one of the organizers of the European Car of the Year award * A keyword in the C programming language used to declare automatic variables * A keyword in C++11 used for type inference * Auto (Mega Man), a character from ''Mega Man'' series of games * Auto, West Virginia * Auto, American Samoa * AUTO, a fictional robot in the 2008 film ''WALL-E'' See also * Otto Otto is a masculine German given name and a surname. It originates as an Old High German short form (variants ''Audo'', ''Odo'', ''Udo'') of Germanic names beginning in ''aud-'', an element meaning "wealth, prosperity". The name is recorded fro ...
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Companies Formerly Listed On The New York Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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WABCO Vehicle Control Systems
WABCO was a U.S.-based provider of electronic braking, stability, suspension, and transmission automation systems for heavy-duty commercial vehicles. History The Westinghouse Air Brake Company, founded in the U.S. in 1869, was acquired by American Standard in 1968. The earthmoving and mining product range was sold to Dresser Industries in 1984, before the remainder was spun off in 2007 as WABCO Holdings, Inc. Previously headquartered in Bern, Switzerland (having moved from Brussels, Belgium in February 2019), WABCO employed more than 11000 people in 34 countries worldwide. In 2013, WABCO's total sales were $2,720.5 million, a rise of 10% over the previous year. WABCO was a publicly traded company listed on the New York Stock Exchange as WABCO Holdings, Inc., with the stock symbol WBC. On 28 March 2019, German auto parts maker ZF Friedrichshafen announced an agreement to acquire WABCO for over $7 billion based on customary regulatory and shareholder approvals. On 29 May 2020, WA ...
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Wabtec
Wabtec Corporation (derived from Westinghouse Air Brake Technologies Corporation) is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. It is headquartered in Pittsburgh, Pennsylvania. Wabtec manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to . The company purchased GE Transportation on February 25, 2019. History The company's origins go back to 1869 with the foundation of the Westinghouse Air Brake Company. That company (also known as WA&B later as WABCO) became independent in 1990 via a management buy-out, and went public in 1995. Another company, WABCO Vehicle Control Systems, also created from the Westinghouse Brake Company, is independent of Wabtec and was spun off by American Standard Companies in 2007, and is today part of German automotive components firm ZF Friedrichshafen. The other company forming Wabtec, Motive ...
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Volvo
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Sweden. The corporation was first listed on the Stockholm Stock Exchange in 1935, and was on the NASDAQ indices from 1985 to 2007. Volvo was established in 1915 as a subsidiary of SKF, a ball bearing manufacturer; ...
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Paccar
Paccar Inc is an American ''Fortune'' 500 company and counts among the largest manufacturers of medium- and heavy-duty trucks in the world, and has substantial manufacturing in light and medium vehicles through its various subsidiaries. It was originally founded as the Seattle Car Manufacturing Company in 1905, primarily producing railroad equipment. In the 21st century, Paccar primarily manufactures trucks and heavy equipment. History Paccar, Inc., was founded by William Pigott Sr. as Seattle Car Manufacturing Company in 1905, with a capitalization of $10,000. Its original business was the production of railway and logging equipment. The company built a new factory in Renton in 1909 after its Duwamish facility was destroyed in fire as well as to fulfill large number of orders. In 1917 it merged with a Portland firm, Twohy Brothers which was its only competitor on the west coast at the time and company was renamed as Pacific Car and Foundry Company. The company manufactured ho ...
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Cummins
Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products. Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control, electrical power generation systems, and trucks. Headquartered in Columbus, Indiana, Cummins sells in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributors and approximately 7,200 dealers. Cummins reported a net income of $2.13 billion on sales of $24.02 billion in 2021. History The Cummins Engine Company was founded in Columbus, Indiana, on February 3, 1919, by mechanic Clessie Cummins and banker William Glanton Irwin. The company focused on developing the diesel engine invented 20 years earlier, but despite several well-publicized endurance trials, it was not until 1933, that their Model H engine, used in small railroad s ...
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Daimler AG
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group. The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufactures such as Daimler Truck, Denza, BAIC Motor and Aston Martin. By unit sales, the Mercedes-Benz Group is the thirteenth- ...
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Original Equipment Manufacturers
An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional organizations such as SAE International, ISO, and others. However, the term is also used in several other ways, which causes ambiguity. It sometimes means the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced the original part used in the automobile's assembly, or a value-added reseller.Ken Olsen: PDP-1 and PDP-8 (page 3)
, economicadventure.com


Automotive parts

When referring to auto parts, OEM refers to the manufacture ...
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Anti-lock Braking System
An anti-lock braking system (ABS) is a safety anti-skid braking system used on aircraft and on land vehicles, such as cars, motorcycles, trucks, and buses. ABS operates by preventing the wheels from locking up during braking, thereby maintaining tractive contact with the road surface and allowing the driver to maintain more control over the vehicle. ABS is an automated system that uses the principles of threshold braking and cadence braking, techniques which were once practiced by skillful drivers before ABS was widespread. ABS operates at a much faster rate and more effectively than most drivers could manage. Although ABS generally offers improved vehicle control and decreases stopping distances on dry and some slippery surfaces, on loose gravel or snow-covered surfaces ABS may significantly increase braking distance, while still improving steering control. Since ABS was introduced in production vehicles, such systems have become increasingly sophisticated and effective. Mode ...
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