NYAB
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| Subsidiary | |
| Founded | 1890 |
| Headquarters | Watertown, New York United States |
| Products | Control Valves, Control Modules, Data Management Systems, Hose Assemblies, and various freight car components |
| Revenue | $165 million USD (2005) |
| Parent | Knorr-Bremse |
| Website | www.nyab.com |
The New York Air Brake Corporation, located in Watertown, New York, is a manufacturer of air brake and train control systems for the railroad industry worldwide.
New York Air Brake was established on July 1, 1890 acquiring all of the property and business of Eames Vacuum Brake Company. Eames Vacuume Brake Company had previously been in existence since 1876 manufacturing vacuum brakes. The new company erected ten new buildings on Beebee Island and nearby shores just in time for a booming brake market driven by an 1893 law mandating standardized brakes for all railroad cars.
In 1902, NYAB bought the 268-acre (1.08 km2) Poole Farm in Watertown, NY, and began its move to its present location. The new Works were planned as a model industrial enterprise, providing housing, work, and recreation for 1,000 employees on the grounds. The workers, however, decided that they did not want to live next door to their workplace and the plan was scrapped. In 1903, the new foundry became the first part of the new plant to begin operations.
During this period NYAB's main competition was Westinghouse Air Brake Company, which lead the market in locomotive braking sales. Despite Westinghouse's lead, American railroads preferred to have two brake suppliers. James Hill, builder of the Great Northern Railway, and the New York Central Railroad were especially supportive of New York Air Brake's technology. In 1912, NYAB and Westinghouse agreed to share the market, along with research and development. NYAB's 25 percent share of the brake market soared to $3 million per year by 1914.
In 1915, NYAB shifted focus of their current manufacturing of vacuum brakes to efforts toward the First World War. Sales grew from $4.7 million in 1915 to $24 million in 1916. By 1918, the company employed 7,000 who were involved in defense manufacturing, including the production of horse-drawn cannons.
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Wikipedia