Ballast, Ties, Rail

Rail takes 10 percent of TIGER grants (so far)

Four rail specific and rail related projects have been awarded a total of $54.5 million in Transportation Investment Generating Economic Recovery (TIGER) grants. This represents about 10 percent of the $500 million available in the latest round of TIGER funding.

NY state grant to help build rail siding

State Sen. James L. Seward, representatives from Hoober Feeds and officials from Schoharie County announced a $200,000 state grant Feb. 26 that will pay for improvements to the rail line in Central Bridge, the New York State Senate announced.

 

Loram to acquire GREX

Loram Maintenance of Way, Inc., and Georgetown Rail Equipment Company (GREX) have completed a definitive merger agreement where Loram will acquire all outstanding shares of GREX.