Indiana Rail Road celebrates 25th anniversary with record infrastructure spending, improvements
Written by jrood
The Indiana Rail Road Company will invest more than $21 million on major upgrades to its route infrastructure in 2011, an appropriate way to celebrate its 25th anniversary while benefiting southwest Indiana communities and businesses. In 2010, INRD eclipsed the $100-million mark in total infrastructure investment over the lifetime of the company. Announcements detailing the record investments for 2011 are forthcoming. "The Indiana Rail Road has grown its business by double digits each year of its existence, and we foresee 50 percent growth over the next five years," said Hoback, CEO. "Our 2011 capital investments will allow us to prepare for that growth and maintain a high level of customer service." The Indiana Rail Road Company is a privately held, 500-mile railroad based in Indianapolis with a full-time staff of almost 200. The company hauls a variety of consumer, industrial and utility-based products.
