Trinity Rail to open new facility in Iowa

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DALLAS — Trinity Rail Maintenance Services, a subsidiary of carbuilder Trinity Rail, has announced it will build a $60 million railcar repair facility in the eastern Iowa community of Shell Rock.

The company, headquartered in Dallas, has purchased a 230-arce site for the facility, which will employ more than 250 people when completed in 2020. In a press release, the company said the location on the Iowa Northern Railroad and optimal access to the Class I rail network were significant factors in the decision. Iowa Northern has direct connections to Canadian National, Canadian Pacific, and Union Pacific.

“This investment will help us achieve our near-term goal to internally service approximately 50% of our maintenance events for our growing fleet of 123,000 owned and managed railcars,” Eric Marchetto, senior vice president and group president of Trinity Rail, said in the press release.

NEWSWIRETrains News Wire

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