Iowa commission OKs $2.6 million in freight rail projects

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Iowa Traction
An Iowa Traction Railway train moves a grain hopper in 2014. The railway is one of a few groups set to receive special loans and grants from the state of Iowa for rail transportation improvement.
Steve Glischinski
AMES, Iowa — Three freight rail projects will benefit from $2.6 million in funds recently approved by the Iowa Transportation Commission.

The Sterilite Corp. rail spur project is receiving a $1 million-grant from the state to help build a rail spur to a proposed manufacturing and distribution hub at the Eastern Iowa Industrial Center in Davenport, Iowa.

Pattison Sand Co. has received $700,482 in loans and $252,000 in state grant money for the second phase of a Canadian Pacific unit sand train expansion project. The company is increasing its unit train and storage capacity from 140 to more than 500 freight cars at its Mississippi River location in Clayton, Iowa. The project calls for an additional 27,450 feet of track to store freight cars.

A third project may restore rail service over three miles between Emery and Clear Lake, Iowa, on the Iowa Traction Railway. That project received loans worth $655,000.

The infrastructure and rail development projects were approved through the state’s railroad revolving loan and grant program.

See the news release online.

NEWSWIRETrains News Wire

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