German media company buys Progressive Railroading magazine's parent

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MILWAUKEE, Wis. — A German media company now owns one of four nationwide rail industry publications in the U.S.

In a news release on its website, Progressive Railroading confirms that its Milwaukee-based parent company, Trade Press Media Group, is being bought by Forum Media Group of Germany.

The magazine did not disclose details of the transaction, but said all editors and salespeople currently with the magazine will remain in their jobs, including Progressive Railroading's publisher, Kirk Bastyr.

"For Trade Press staff members, I'm also particularly pleased to have found a buyer committed to maintaining the Milwaukee office, positioning it as their foothold for entering the U.S. market. Forum is a company that is known for its excellence, mirroring our own firm's reputation for market leadership and for quality," said Bob Wisniewski, Trade Press' former owner.

In railroading circles, Trade Press is known for Progressive Railroading, its annual RailTrends Conference, and the SecureRail Conference. The company also publishes titles in building management and commercial cleaning.

Besides Progressive Railroading; Simmons-Boardman's Railway Age and Railway Track and Structures; and Kalmbach Media's Trains Magazine serve the U.S. railroad industry.

More information is available online.

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