WABCO Holdings Inc.
NYSE : WBC

WABCO Holdings Inc.

March 25, 2015 10:30 ET

WABCO Expands Engineering Capabilities in North America; Opens New Commercial Vehicle Development and Testing Facility in Rochester Hills, Michigan

BRUSSELS, BELGIUM and LOUISVILLE, KENTUCKY--(Marketwired - March 25, 2015) - WABCO (NYSE:WBC) (www.wabco-auto.com), a leading innovator and global supplier of technologies that improve the safety and efficiency of commercial vehicles, has recently expanded its engineering capabilities in North America. The company opened a new commercial vehicle development and testing facility in Rochester Hills, Michigan (USA) to help develop the next-generation safety and efficiency technologies for trucks, buses and trailers.

WABCO has invested $1.5 million and built an advanced 4,400-square-foot site to support the work of more than 50 engineers involved in the innovation and development of new products and systems for commercial vehicle manufacturers and fleet operators in North America.

"We continue to invest in our manufacturing and engineering capabilities in North America to better serve our customers in the region," said Nik Varty, WABCO President, Americas. "The new facility in the Greater Detroit Area enables us to offer seamless support to design, develop and test breakthrough technologies that further commercial vehicle safety and efficiency in the U.S. and around the globe."

Earlier today, WABCO also announced a $17 million investment to build a new manufacturing facility in Charleston, South Carolina (USA). The company will localize the production of its advanced air disc brake (ADB) systems to meet increasing customer demand alongside transferring compressor production to the new facility.

WABCO at MATS 2015

Booth 32805 in the South Wing, Kentucky Exposition Center, Louisville, Kentucky, March 26-28, 2015

Meritor WABCO Ride-N-Drive

OnGuard collision mitigation system and OnLane departure warning "Ride-N-Drive," March 26-28, 2015. Interested parties may sign up for the demonstration at WABCO booth 32805.

About WABCO

WABCO (NYSE:WBC) is a leading innovator and global supplier of technologies that improve the safety and efficiency of commercial vehicles. Founded nearly 150 years ago, WABCO continues to pioneer breakthrough products and systems for braking, stability, suspension, transmission automation, and aerodynamics. Today, all of the world's leading truck, bus and trailer manufacturers have WABCO technologies onboard. In addition, WABCO provides the industry with advanced fleet management solutions and aftermarket services. WABCO reported sales of $2.9 billion in 2014. The company is headquartered in Brussels, Belgium, and has 11,000 employees worldwide. For more information, visit www.wabco-auto.com.

About Meritor WABCO

Meritor WABCO is a North American joint venture focused on the development and delivery of proven, integrated safety technology and efficiency components. These include braking systems and controls, active safety systems, and suspension and control systems for commercial vehicles in North America. Two leading parent companies back Meritor WABCO, each with more than 100 year legacies. Meritor, Inc. (NYSE:MTOR), a supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, provides Meritor WABCO the industry's most extensive service and support network; while WABCO Holdings, Inc. (NYSE:WBC), is a leading global supplier of technologies and control systems for the safety and efficiency of commercial vehicles, pioneering breakthrough electronic, mechanical and mechatronic technologies for braking, collision mitigation, stability control and transmission automation systems. For more information, visit www.meritorwabco.com.

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