Pennsylvania Governor to Pump Up Rail Freight Investment

Governor of the United States, state of Pennsylvania Edward Rendell has announced today that his state will make a series of significant investments in rail freight infrastructure.

Totaling some $10.2 million dollars the investment will be spread throughout thirty-eight grants in twenty-seven counties, funding infrastructure in an effort to create an maintain jobs in the rail freight industry.

Speaking on the announcement of the investments, Governor Rendell said that  “Rail freight provides a dependable and efficient method for moving
goods around Pennsylvania and provides an important link to the global
marketplace,” and furthermore “This investment will help stimulate
economic development, while also preserving and improving the
commonwealth’s rail system.”

Among the beneficiaries of the states investment is the Kinder Morgan, the operator of the port at the Keystone Industrial Port Complex along the Delaware River in Bucks County will receive some $700,000 dollars to be used replace and repair existing track, as well as the relocation and construction of an outbound train loading yard. Upgrades that will ease the movement of cargo from ships to freight rail cars.

Another business to benefit is Wolfpac Technologies, a manufacturer of extruded plastic products, the company will receive $82,527 dollars to rehabilitate a rail siding to service its new facility.

The grants, part of “PennDOT’s rail freight assistance program” is an annual grant program that provides financial assistance for investment in rail freight infrastructure with the ultimate intent program being to preserve essential rail freight service where economically feasible, and preserve or stimulate economic development through the generation of new or expanded rail freight services.

Source: PR Newswire, Pennsylvania Office of the Governor and the Pennsylvania Department of Transport


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