United Wagon Company (UWC) is opening its subsidiary in the US – Uniwagon North America Corp. (New Jersey). UWC’s shareholding in the new company is 100%. Uniwagon North America Corp. is intended to facilitate the entry of UWC’s products to the North American market, as the railway holding is seeking to expand its exports.
Earlier, UWC reported its entry into contracts with Wabtec Corporation, a leading supplier of innovative products for rail industries, and Cardwell Westinghouse (a Wabtec company). The parties agreed on supplying heavy railcar castings (side frames and bolsters) to the US for the purposes of manufacturing Barber S2HD (America’s most common bogie with an axle load of 30 tf), and high-tensile railcar springs.
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