New York Air Brake Corporation · Watertown, NY United States
Company Description
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This link will open in a new window Everyone knows it's hard to stop a train, but that doesn't discourage New York Air Brake. The company makes brakes and related train-control equipment; it also provides repair services and replacement parts. New York Air Brake is a unit of Germany's Knorr-Bremse , a major manufacturer of braking systems for both trucks and trains. With the acquisition of Illinois-based Klasing Hand Brake in 2008, New York Air Brake added freight car brakes to its portfolio of train products. Once part of General Signal , New York Air Brake was acquired by Knorr-Bremse in 1991. To read the full description, subscribe now.
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Key New York Air Brake Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 3,194 |
New York Air Brake Corporation Executives
2 executives listed for New York Air Brake Corporation's Watertown, NY location.
| Title | Name & Bio | Contact |
| President | J. Paul Morgan | Network |
| SVP Marketing and Sales | Marshall Beck | Network |
Competition
Competitive Landscape for New York Air Brake Corporation
Demand for freight rolling stock is driven by fuel prices, as high gas prices shift freight transport from trucks to rail. Demand for passenger rail rolling stock is driven by public investment in regional rail transportation. The profitability of individual companies depends on securing long-term sales contracts with railroad companies and leasing agencies. Large companies have advantages in manufacturing economies of scale. Small companies can compete effectively through consulting services and custom-building locomotive and passenger railcars. The industry is highly capital-intensive: average annual revenue per worker is $350,000. To read the full description, subscribe now.Top New York Air Brake Corporation Competitors
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