News

Watco Companies Announces Acquisition of Montana Railroad

The Mission Mountain Railroad, a wholly owned subsidiary of Watco Companies, will begin operations of 40 miles of track in Montana Tuesday morning, Dec. 28, 2004.

Acquired through a lease and purchase agreement with The Burlington Northern and Santa Fe Railway Company (BNSF), the Mission Mountain Railroad (MMT) consists of two separate lines. The north line begins at Eureka and extends south to Stryker. The south line begins at Columbia Falls and extends southwest to Kalispell. Interchanges with the BNSF are located at Stryker and Columbia Falls.

Primarily moving forest products and grain, the MMT will serve 12 customers at 15 locations, and is expected to move more than 9,000 rail cars the first year.

Full Article: http://biz.yahoo.com/prnews/041227/dam012_1.html

Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.