New York Air Brake Acquires Anchor Brake Shoe Company
Watertown, NY, USA – December 5, 2008 –New York Air Brake Corporation, a Member of the Knorr-Bremse Group, has acquired Anchor Brake Shoe Company, a leading North American manufacturer of locomotive and freight car brake shoes.
“Anchor is a good strategic fit for New York Air Brake” said J. Paul Morgan, New York Air Brake’s President. “The addition of brake shoes to our product line will allow us to provide a more comprehensive service to our North American customers while the global network of the Knorr-Bremse Group will help Anchor penetrate new markets.”
Anchor has an excellent reputation for the quality, durability and performance of its brake shoes earned through Anchor’s focus on customers and its commitment to process quality and continuous product improvement. The Company’s products include high and low friction composition shoes as well as tread conditioning shoes. Anchor brake shoes are manufactured to Association of American Railroads (AAR) interchange standards or to specific customer requirements.
New York Air Brake Corporation is a leading supplier to the freight railroad industry of air brake control systems and components, electronically controlled braking systems, foundation brakes, training simulators and train handling systems.
The Knorr-Bremse Group is the world’s leading manufacturer of braking systems for rail and commercial vehicles. For more than 100 years the company has pioneered the development, production and marketing of state-of-the-art braking systems. Other lines of business include automatic door systems, rail vehicle air conditioning systems and torsional vibration dampers for internal combustion engines.
For further information contact:
New York Air Brake Corporation
748 Starbuck Avenue
Watertown, NY 13601
Marshall Beck
Senior Vice President of Marketing and Sales
Phone: +1 315 786-5205; E-mail: marshall.beck@nyab.com
