G&W’s Georgia Central Railway to Serve New Plastics Distribution Facility
April 24 2019 - 5:52PM
Business Wire
Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced
that its subsidiary Georgia Central Railway, L.P., will serve a
major new plastics distribution facility under construction on its
line in Pooler, Ga.
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Genesee & Wyoming Inc. announced that
its subsidiary Georgia Central Railway, L.P., will serve a major
new plastics distribution facility under construction on its line
in Pooler, Ga. (Graphic: Business Wire)
Georgia Central will transport bulk plastic resin to the new
Plastic Express multi-commodity transloading center, which broke
ground in Pooler in June 2018. The resin and other bulk commodities
will be repackaged and trucked to the nearby Port of Savannah for
export to international markets. Carloads are expected to exceed
5,000 annually and to commence shipping in late 2019.
“The location near Savannah and access to two Class I railroads
made Georgia Central an ideal choice to serve this new $172-million
facility,” said Plastic Express President and CEO Ray Hufnagel. “We
have worked with G&W at other terminal locations across the
country, and the focus of G&W’s industrial development team and
the railroad’s flexibility to meet our transportation needs makes
them an easy choice to partner with on this project.”
The 197-acre Savannah Port Logistics Center site selected by
Plastic Express is being developed by Capital Development Partners
Inc. and will serve as a magnet for attracting additional
development at or near the site, which is one of more than 500
potential industrial development sites located on G&W’s North
American footprint of railroads.
“Attracting Plastic Express was a team effort; Capital
Development Partners, the State of Georgia, Georgia Ports
Authority, Georgia Central Railway and G&W’s industrial
development team worked collaboratively to create a solution that
met the needs of Plastic Express and their customers,” said G&W
President, North America, Michael Miller. “This win demonstrates
how important it is to work together to attract new business and
further strengthens our presence in Georgia. We look forward to
providing the new facility with the customer-focused service that
our short lines are known for and working to bring additional
business to the site.”
One of 13 G&W railroads serving the state of Georgia, the
Georgia Central Railway runs 211 miles from Macon to Savannah with
connections to CSX and Norfolk Southern, as well as with G&W’s
Heart of Georgia Railroad.
About G&W
G&W owns or leases 120 freight railroads organized in eight
locally managed operating regions with 8,000 employees serving
3,000 customers.
- G&W’s six North American regions
serve 41 U.S. states and four Canadian provinces and include 114
short line and regional freight railroads with more than 13,000
track-miles.
- G&W’s Australia Region serves New
South Wales, the Northern Territory and South Australia and
operates the 1,400-mile Tarcoola-to-Darwin rail line. The Australia
Region is 51.1% owned by G&W and 48.9% owned by a consortium of
funds and clients managed by Macquarie Infrastructure and Real
Assets.
- G&W’s UK/Europe Region includes the
U.K.’s largest rail maritime intermodal operator and second-largest
freight rail provider, as well as regional rail services in
Continental Europe.
G&W subsidiaries and joint ventures also provide rail
service at more than 40 major ports, rail-ferry service between the
U.S. Southeast and Mexico, transload services, contract coal
loading, and industrial railcar switching and repair.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Genesee & Wyoming's business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of such risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the Company's
Annual Report or Form 10-K for the most recently ended fiscal
year.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190424006142/en/
Michael Williams, G&W Corporate
Communications1-203-202-8900Web site: www.gwrr.com
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