Track Machinery

Rep. Peterson tours PortaCo’s Moorhead facility

On Feb. 8 Rep. Collin Peterson’s (D-MN-7) Chief of Staff Allison Myhre and Economic Development Officer Toni Merdan joined representatives from PortaCo to tour the company’s Moorhead facility, learn about its various maintenance-of-way and railroad tools and discuss public policy priorities for the business and rail communities in western Minnesota. PortaCo employs 17 individuals.

BNSF plans $4.3 billion 2016 capital plan

BNSF Railway released plans for a $4.3 billion 2016 capital expenditure program focuses on helping to ensure the company continues to operate a safe and reliable network this year and beyond.

Loram names Willems CFO, promotes two to director positions

Loram Maintenance of Way, Inc., appointed Brad Willems to the executive position of chief financial officer. In his new role, Willems will have the responsibility for all corporate accounting, tax and information technology roles, in addition to providing oversight of the friction management business unit.

Balfour Beatty, R.J. Corman host congressional representatives

Elected officials from Florida and Ohio were given tours this week of rail companies operating within their respective states. The events also included public policy discussions surrounding the recent positive train control deadline extension, as well as efforts to extend the shortline tax credit.