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August 30, 2010
Balfour Beatty Rail Acquires Reuel's Traction Power Division(Goldsboro,
NC) -- Balfour Beatty Rail, Inc., an industry-leading rail infrastructure
contractor, announces the acquisition of Reuel, Inc.'s Traction Power
Division. Based in Goldsboro, North Carolina, Reuel is an established
international leader in the manufacture of electrical components and
equipment. Its Traction Power Division is a 28-person team specializing
in power systems and components for the mass transit industry.
Balfour
Beatty Rail's new Traction Power Group will report to Transit Division
Vice President Joe Reed, and will be led locally by Tom Young, general
manager -- Traction Power.
"The acquisition fulfills an important
goal for Balfour Beatty Rail -- to strengthen our transit capabilities
and become a one-stop provider of rail services, whether it is track,
communications, signals, power or even civil construction," said Reed.
"Adding traction power to our in-house portfolio of services will help
us meet the growing demand for mass transit construction opportunities
around the U.S. and will add value to existing and future
contracts."
The new Traction Power Group will give Balfour Beatty Rail
the capability to manufacture custom power control centers, circuit
breakers, controls, substations, AC switchgear and DC switchgear for
traction power.
Balfour Beatty Rail, Inc. provides construction
and maintenance services for the public and private railroad markets.
The company's services include industry-leading design, engineering,
construction and maintenance for transit authorities, Class 1 and
regional/short line freight, industrial railroads, and ports. The
National Railroad Construction and Maintenance Association (NRC) has
awarded the rail contractor a Gold Award for safety excellence for the
last three consecutive years. Headquartered in Atlanta, Balfour Beatty
Rail is part of Balfour Beatty plc, a global engineering, construction,
services and investment business organization specializing in large
infrastructure and building programs.
Download a PDF
of this release.
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