3i-Backed Regional Rail Acquires Two Short-Line Freight Railroads
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Regional Rail seeks to add two more railroads to its growing short-line roster - RailPrime | ProgressiveRailroading
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Agracel Unveils Rail Affiliate, Partnership
May 25, 2021
Agracel Unveils Rail Affiliate, Partnership Written by Marybeth Luczak, Executive Editor
Effingham, Ill.-based Agracel Rail has formed South Point & Ohio Railroad to lease, operate and manage The Point Industrial Park’s (pictured) rail services.
Agracel Rail Holdings, a new affiliate of industrial development services provider Agracel, Inc., has teamed with Lawrence Economic Development Corp. (LEDC) to revamp The Point Industrial Park in South Point, Ohio.
Effingham, Ill.-based Agracel Rail formed South Point & Ohio Railroad (SPOR) to lease, operate and manage The Point’s rail services and invest in safety improvements and track upgrades. It will market several hundred acres of industrial park sites, and work with LEDC, OhioSE and JobsOhio to attract and retain manufacturing jobs in the region.