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New York Air Brake Acquires Klasing Hand Brake Product Line

Watertown, NY, USA – February 1, 2008 –New York Air Brake (NYAB) announced the acquisition of the assets and business of the Klasing Hand Brake Company of Joliet, IL today. This acquisition adds freight car hand brakes to NYAB’s expanding product line.

Klasing has manufactured hand brakes for the railroad industry since 1913; the product is specified by several railroads and is known for its reliability and durable performance. Klasing supplies both lever and wheel hand brakes as well as related parts and accessories.

J. Paul Morgan, NYAB President, said. “Adding the Klasing hand brake product line to New York Air Brake’s product portfolio allows us to offer a more complete brake package to our customers.  The product is the best in the industry and meets our goal of providing top quality, high performance products and systems to the railroads.”

New York Air Brake Corporation, a member of the Knorr-Bremse Group, supplies air brake control systems and components, electronically controlled braking systems, foundation brakes, training simulators and driver information systems to the freight railroad industry. To find out more about NYAB, visit www.nyab.com.

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