|Founded||1917 (Compañía Auxiliar de Ferrocarriles)|
Number of locations
|11 factories, including: Beasain (Basque Country)|
Irún (Basque Country)
Elmira, New York (US)
|Jose María Baztarrica Garijo, Andrés Arizkorreta (Chief Executive Officer and Chairman)|
|Products||Design, manufacture, maintenance and supply of equipment and components for railway systems|
|Revenue||EUR 1,45 billion (2014|
|EUR 146 million EBITDA (2014)|
|EUR 62 million (2014)|
|Owner||Public; Employees via Cartera Social S.A. (30%); Guipúzcoa Donostia Kutxa (23%)|
Number of employees
|11,433 (december 2018 inc. subsidiaries)|
Construcciones y Auxiliar de Ferrocarriles (Grupo CAF, literally "Construction & Other Railway Services") is a Spanish publicly listed company which manufactures railway vehicles and equipment and buses through its Solaris Bus & Coach subsidiary. It is based in Beasain, Basque Autonomous Community. Equipment manufactured by Grupo CAF includes light rail vehicles, rapid transit trains, railroad cars and locomotives, as well as variable gauge axles that can be fitted on any existing truck or bogie.
Over the 20 years from the early 1990s, CAF benefited from the rail investment boom in its home market in Spain to become a world player with a broad technical capability, able to manufacture almost any type of rail vehicle. CAF has supplied railway rolling stock to a number of major urban transit operators around Europe, the US, South America, East Asia, India, Australia and North Africa.
CAF was an acronym for the earlier name of Compañía Auxiliar de Ferrocarriles, as well as for Construcciones y Auxiliar de Ferrocarriles.
In 1860 Domingo Goitia, Martín Usabiaga and José Francisco Arana established this company, whose main activity was puddling furnaces and cylinder rolling.
In 1892 Francisco de Goitia (Domingo Goitia's son and heir) joined the Marquess of Urquijo to set up La Maquinista Guipuzcoana, whose main activity was the operation of machinery and the forging and construction of railway rolling stock.
Compañía Auxiliar de Ferrocarriles (CAF) was founded in 1917, specializing in freight car production and with a total of 1,600 employees.
In 1940 the Irun factory was set up, following the expansion of activity after the Spanish Civil War (CAF took part in reconstructing the Spanish rail fleet).
Since 1958 the company has modernized and enlarged its Beasain plant and expanded its activity to include all kinds of rolling stock. In line with this, in 1969 CAF created its Research and Development Unit, which increased the company's competitiveness and intensified the focus on in-house technology.
In 1971 the existing Compañía Auxiliar de Ferrocarriles (CAF) merged with Material Móvil y Construcciones (MMC) and the company adopted its current name Construcciones y Auxiliar de Ferrocarriles.
CAF U.S.A., a wholly owned subsidiary of CAF, was incorporated in 1998 and is based in Elmira, New York. It manufactures rolling stock for the North American market at a plant in Elmira that the company acquired from ADtranz in 2000. The company from Beasain continued its expansion during the third millennium.
On 24 May 2019, it announced the acquisition of the Swedish company Euromaint at a cost of circa EUR80 million, following other international contracts to supply Flemish and English railway and underground networks in 2017.
CAF Rolling Stock U.K. Ltd. is the CAF subsidiary in the United Kingdom. Its factory is based at Celtic Springs Business Park, at Llanwern steelworks near Newport, Wales as a result of an agreement made between CAF and the Welsh Government. The Newport factory has built stock for Transport for Wales, Arriva Rail North, the Docklands Light Railway, and potentially High Speed 2 if CAF win the bid process.
This article may be unbalanced towards certain viewpoints. (September 2021)
In 2019, it has entered into litigation that affects its corporate image. Participating in a consortium, JNET, together with the Israeli company Shapir Engineering and Industry, has won a tender promoted by the Israeli Ministry of Transport and Road Safety to supply railway equipment, in addition to building, extending and operating light rail lines from Jerusalem to nearby settlements in disputed territories, in violation of the Fourth Geneva Convention. In turn, Shapir is listed on the list of companies that benefit from the occupation in the Occupied Palestinian Territories, as denounced by the United Nations Human Rights Council.
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CAF Rolling Stock U.K. Ltd announced in 2017 its UK factory location was selected as Celtic Business Park at Llanwern steelworks in Newport, Wales. It has at least five confirmed UK projects from 2019 onwards and will be the site for their bid to design stock for High Speed 2. The site was funded with support from the Welsh Government Inward Investment Programme.