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DTE Rail Services acquires Mid-States Railcar

DTE Rail Services Aug. 1 purchased Mid-States Railcar Inc. for $2.7 million, bringing its Indiana plant total to three.

The DTE Coal Services subsidiary, which owns and operates rail-car repair facilities in Grand Island and Hastings, Neb., and Wheatfield and Michigan City, Ind., plans to expand its Midwest presence.

By acquiring Mid-States Railcar's Clinton, Ind., plant — which includes repair shops, rail-car storage facilities, blast and painting, and cleaning facilities — DTE Rail Services would operate a facility adjacent to CSX Transportation's line. (The supplier's Nebraska locations are situated between Burlington Northern Santa Fe's and Union Pacific Railroad's mainlines.)

"This purchase follows our plan of maintaining more rail cars and expediting the movement of coal across the country," said DTE Coal Services President Evan O'Neil in a prepared statement.

DTE Rail Services plans to expand the Clinton facility from 10 to 50 acres over the next three years to accommodate additional storage and staging track; the company would retain Mid-States Railcar's 30 employees.

Contact Progressive Railroading editorial staff.

More News from 8/2/2002