Monday, January 11, 2010

P&L railroad looking for new headquarters

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Paducah & Louisville Railway is looking for incentives to build a new headquarters in downtown Paducah rather than move to one of the other cities where it does business, according to The Paducah Sun. Railroad President Tony Reck told The Sun that the company is hoping to stay in Western Kentucky, but isn't close to making a commitment to any place.

P&L, a 265-mile regional railroad, has grown steadily in recent years by acquiring rail lines in West Virginia, Indiana and Illinois. Reck said the company has newer contracts with CSX Transportation to build and operate intermodal facilities in West Baltimore, Ohio, and Winter Haven, Fla.

Paducah Mayor Bill Paxton says the city is trying to keep the railroad, despite heavy recruiting from places like Louisville and Florida.

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