WABCO, provider of electronic braking, stability, suspension, and transmission control systems for commercial vehicles, made its debut August 1 on the New York Stock Exchange, trading under the symbol WBC.
The company previously operated as the Vehicle Control Systems business of American Standard Companies. American Standard announced plans to spin off the business February 1, and completed the separation July 31. WABCO was originally part of the Westinghouse Air Brake Co, which was founded in 1869 and acquired by American Standard in 1968.
