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<< Rail News Home: Mechanical

3/16/2005    Freight News

Rail News: Mechanical

Rail-car builder beat: Trinity appoints officers, Wabtec raises delivery forecast

Trinity Industries Inc. recently named William McWhirter vice president and chief financial officer, and Chas Michel, VP, controller and chief accounting officer.

McWhirter most recently served as executive VP of Trinity's Construction Products Group. Since joining Trinity in 1985, he also has served as VP of accounting for the firm's concrete and aggregates business, and VP for mergers and acquisitions, and held various accounting-related positions.

Michel had served as corporate controller since joining Trinity — which builds and leases rail cars — in 2001. He previously spent 16 years serving in various public accounting capacities for KPMG Peat Marwick and 10 years serving as a CFO in the restaurant industry.

Meanwhile, Wabtec Corp. has increased its 2005 projection of rail-car deliveries from 48,000 units to 55,000 units.

"With the economy growing, North American railroads are still seeing meaningful volume gains for carloadings and intermodal shipments," said Wabtec Chairman, President and Chief Executive Officer William Kassling in a prepared statement. "These factors are having a favorable impact on orders for new rolling stock, and aftermarket demand for our parts and services."

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