Global Rail Founder Coy Beaman said, "This is a perfect marriage of track and train control technologies. We have the right resources to establish Vossloh in the U.S. signaling market and place Global Rail Systems' products in Europe-greatly strengthening our position in the rail signaling market."
Global Rail Systems CEO Tom Schlosser said, "I am excited about this partnership. For our customers, it means greater support and a wider range of excellent products. For GRS, we foresee increased market share and more aggressive R&D efforts."
Global Rail Systems manufactures and supplies the railroad, transit and industrial railroad markets with advanced railroad technology products for mainline and yard switch control and automation, crossing warning systems, train detection and advanced control and dispatching software.