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Rail News: Railroading Supplier Spotlight
Rail supplier news from Rio Grande Pacific, ABDW, PFL Petroleum and Stantec (Nov. 21)
RR Mergers & Acquisitions announced Rio Grande Pacific Technology Inc.'s acquisition of Innovative Solutions In Signaling LLC. The acquired company's engineering offices will remain in Louisville, Kentucky. The transaction will extend Rio Grande's market, providing access to new rail projects and customers, said President Greg Hackbarth in a press release. Financial details of the transaction weren't disclosed. Both companies provide freight and transit railway system design, wayside and grade crossing engineering, application software development, positive train control technologies and consultation support services.
ABDW Logistics LLC has completed a lease transaction with Darwin Realty for operation of the Midwest Transportation Center in Kenosha, Wisconsin. The site will accommodate transload of various products and feature rail-car and product storage. The site has access to Union Pacific Railroad and Canadian Pacific, ABDW owner Drew Wilson said in a press release.
PFL Petroleum has formed PFL Field Services LLC to offer rail-car cleaning on a mobile basis. The company has acquired new equipment to serve customers wherever they're located in the United States, company officials said in a Nov. 19 PFL Railcar Report.
Stantec has hired James Purkis as transit leader within its transportation business line. Based in Kelowna, British Columbia, Purkis will focus on growing the company's transit business as he works closely with leaders across North America and around the world, Stantec officials said in a press release. Purkis most recently worked for the British Columbia Ministry of Transport & Infrastructure, where he supported the development of major projects, including overseeing design, procurement and construction.
Contact Progressive Railroading editorial staff.
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