Sand Springs Railway acquires Oklahoma mill site

Written by Kyra Senese, Managing Editor

Sand Springs Railway Company (SS) has announced its acquisition of the Oklahoma-based Gerdau mill site.

 

SS provides freight service between Sand Springs and Tulsa, Okla., and is a managed affiliate of OmniTRAX.

“The mill site is a great location to attract tenants that require solid infrastructure, access to major transportation lanes and support from our top-rated development team,” said Kevin Shuba, CEO of OmniTRAX, Inc. “[The site] will also give us the opportunity to expand the local operation of OmniTRAX Logistics Services, our transloading, terminal and logistics solutions affiliate.” 

Shuba added that he appreciates the “solid” working relationship OmniTrax has maintained with Gerdau throughout the sale and transition phases during the past two years.

Representatives did not disclose the financial terms of the acquisition. 

In 2014, Sand Springs Holdings, LLC, purchased SS from Gerdau and the company has leased segments of its 146-acre site. Officials say the property will be developed for “mixed use,” including industrial, retail, office and transportation, with some of the steelmaking operations set to be demolished.

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