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Watco in the News
Watco Partners in $124 Million Development Plan to Transform Ardmore Industrial Airpark into International, Multimodal Logistics Hub
The newly developed Global Transportation & Industrial Park of Oklahoma (GTIP) includes more than 200 acres of shovel-ready and build-to-suit land that will deliver new opportunities for air, rail, and truck transport, as well as spaces for transloading, warehousing, distribution, and manufacturing. Read more
Kansas Awards Funds to Two Watco Railroads
Kansas Governor Laura Kelly and Transportation Secretary Julie Lorenz announced 10 projects, totaling more than $5.2 million, have been awarded as part of the Kansas Department of Transportation’s Short Line Rail Improvement Fund. Six projects were awarded to shippers and four projects were awarded to short line railroads in nine counties across Kansas. Watco’s Kansas & Oklahoma and South Kansas & Oklahoma railroads were two of the short lines receiving awards. Read more
Watco’s Blue Ridge Southern Railroad Awarded Infrastructure Improvement Grant
Twelve North Carolina short line railroads and the North Carolina Ports Authority will soon be making improvements to their rail infrastructure thanks to approximately $10.2 million in matching grant funds being awarded as part of the states’s. Department of Transportation’s Freight Rail and Rail Crossing Safety Improvement program (FRRCSI). Watco’s Blue Ridge Southern Railroad received $4,506,000 for four projects to upgrade track, railroad crossings, and bridges. Read more
Watco Sells Unused North Carolina Rail Line to Create Public Trail
Watco’s Blue Ridge Southern Railroad sold a 19.1-mile unused rail corridor in North Carolina to EcustaRails2Trail, LLC, a subsidiary of Conserving Carolina. The sale will allow for a trail linking downtown Brevard to Henderson. Read more