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Gov. Nixon dedicates rail transfer facility in Missouri
Union Pacific Railroad
Missouri Gov. Jay Nixon yesterday helped dedicate a new rail transfer facility in Washington, Mo.
The $4.2 million facility will enable CG Power Systems and Canam Steel to ship and receive goods via a rail spur served by Union Pacific Railroad
. Rail service is vital to both companies because CG Power Systems constructs and ships large electrical transformers, and Canam Steel produces and ships steel products, said Nixon in a press release.
"Up-to-date infrastructure is a critical factor in economic development, and rail infrastructure is a vital part of moving products made in Missouri," he said.
The state of Missouri awarded $2 million in Community Development Block Grant funding to the city of Washington for the facility, which also was financed via $973,551 in federal dollars and $1.1 million in city proceeds.
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