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the Nottingham Road factory complex. Wabtec specialises in refurbishing rail passenger cars and employs around 700 people in Doncaster.
Dennis Kent, a member of the Engineering Employers' Federation's East Midlands council, who lives in Barrow upon Soar, said: "It's good to hear skilled engineering jobs are being retained in the county."
expertise in high speed rail, strong engineering capabilities, a highly skilled work force and a long standing reputation for quality."
Wabtec bought Brush Traction from Warwickshire investment firm Melrose, which acquired the firm in 2008 as part of a million Watch Rolex Png deal which also saw it take control of Brush Traction's sister company Brush Electrical Machines, which bought Brush Transformers last year.
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The latest available financial report for the company, published in March last year, said it saw a decline in workloads in 2009 after the ending of a major train contract.
All three companies employ more than 1,000 people at Burberry Style Iphone 5 Case
However, bosses said it had a "satisfactory" 12 months.
One of Leicestershire's oldest engineering firms has changed ownership in a
Neupaver, Wabtec's president and chief executive, said: "With its focus on the locomotive aftermarket, Brush Traction is a strategic complement to our Wabtec Rail unit in Doncaster, which offers mainly transit car refurbishment.
It is owned by Wabtec Corporation, of Pennsylvania, which was formed in November 1999 when Westinghouse Air Brake Company, which was founded in 1869, merged with MotivePower Industries.
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Brush Traction, founded in 1879, employs 200 people in Loughborough and 100 at its Scottish operation, which trades as Brush Barclay. The business has an annual turnover of million.
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