OmniTRAX, Inc., a comprehensive supply chain logistics solutions provider and the transportation affiliate of The Broe Group, has officially begun operations as the new rail partner of Southern Indiana’s world-class industrial and business development park, the River Ridge Commerce Center.
The long-term partnership with the River Ridge Development Authority (RRDA) to develop the park’s rail infrastructure and tenant base became effective November 1, 2021.
“River Ridge Commerce Center is a great addition to the OmniTRAX network, and our affiliated industrial real estate development team will be a tremendous resource for River Ridge,” said OmniTRAX CEO Dean Piacente. “With more than 3.5 million square feet of industrial projects currently under development by our real estate affiliate, we are excited to bring the OmniTRAX power of rail and real estate to River Ridge.”
The agreement with River Ridge provides existing OmniTRAX customers a centralized hub to reach the Midwest, Northeast and Southeast markets. In addition, OmniTRAX will collaborate with state and local officials to attract new park projects that increase the economic development of both rail and non-rail served industries.
“The expansion of the River Ridge rail system unlocks the potential to develop more than ten million square feet of industrial space, bringing potentially billions of dollars of capital investment and thousands of high-quality jobs to Charlestown, Jeffersonville, Utica and the surrounding communities,” said OmniTRAX Executive Vice President Scott Brinner.
River Ridge’s central location within the strategic Louisville, Kentucky metro region has attracted industry leading companies in sectors that span aerospace, automotive, food and beverage, information technology, life sciences, and pharmaceuticals.
“Our new partnership with OmniTRAX is a key part of our growth strategy for River Ridge Commerce Center,” said River Ridge Executive Director Jerry Acy. “OmniTRAX’s long-term investment in the park’s rail infrastructure and their national network are powerful economic tools that will bring more high-quality projects and jobs to the region.”