NEW YORK, N.Y. — Electronic braking, stability, suspension, and transmission control systems manufacturer, Wabco, will begin trading on the New York Stock Exchange today.
The manufacturer will trade under the symbol WBC. The company has been spun off from American Standard Companies (ASC).
“Wabco’s progress has been fueled by consistent strategies, innovative products and a relentless focus on customers,” said Jacques Esculier, former president of the ASCs Vehicle Controls Systems business and now CEO of WABCO Holdings Inc. “I am proud that our evolution to date has positioned us for this new status as a public company. We are well-equipped to continue to strengthen our business by further improving the way we serve our clients, and focusing on expanding opportunities in the global commercial vehicle industry.”
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