Progress Rail acquires Italian signalling company ECM
ITALY: Progress Rail completed the acquisition of Pistoia-based signalling and control system supplier ECM SpA on January 2.
Progress Rail said ECM had invested in developing of leading edge technologies including computer based interlocking and automatic train protection systems, making it ‘an attractive complement’ to the US group’s signalling portfolio. ECM also manufactures products including power supplies, LED signals, axle counters, remote control and diagnostic equipment and worksite protection systems.
‘Broadening our signal portfolio will enable Progress Rail to better serve our customers’, said Billy Ainsworth, President & CEO of Progress Rail. ‘ECM’s products and services provide the best platform to leverage Progress Rail’s existing global network to bring advanced signal technologies to rail customers and further expand into international markets.’