GATX Corp. may expand Terre Haute maintenance facility

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TERRE HAUTE, Ind. — GATX Corp., a railcar leasing and maintenance company, may be looking to expand its Terre Haute maintenance facility, the Terre Haute Tribune-Star reports.

In the past year-and-a-half, the company has already invested $1.5 million and additional plans call for a $28-million to $38-million expansion, according to a GATX executive who recently discussed expansion plans at a local public works meeting.

The newspaper reports that the company was also given permission from the city to use a portion of its property to build a rail line connecting the 104-acre site with CSX Transportation and Indiana Rail Road lines.

According to the article, the company’s interest in expanding its Terre Haute site is driven by demand for railcar repair work and potential tax incentives.

The company has added eight employees at the Terre Haute facility since 2016 and the upcoming expansion calls for up to 60 new jobs, according to the article.

GATX did not specify when the expansion work would begin.

See the original story online.

NEWSWIRETrains News Wire

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