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9/23/2003



Rail News: M&A

Graham-White obtains Amsted's air-brake division


Graham-White Manufacturing Co. recently purchased the assets and assumed operation of Brenco/QBS Airbrake Division from Amsted Industries Inc.

Graham-White will operate Brenco/QBS' air-brake reconditioning businesses in Sparks, Nev., and Salem, Va., service the divisions' customers, and honor existing supply agreements.

"[Our] experience will provide additional value and opportunities for the benefit of our mutual customers," said Graham-White President and Chief Executive Officer Jim Frantz in a prepared statement.

A rail-industry supplier for nearly 90 years, Graham-White offers locomotive products and provides remanufacturing services, including air-brake reconditioning.


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