THE IOWA TRANSPORTATION COMMISSION HAS APPROVED FUNDING FOR RAIL IMPROVEMENTS FOR SIOUXLAND PROJECTS.
D-O-T SPOKESMAN JIM GLASPIE SAYS FLOYD VALLEY TRANSLOAD WON LOANS FOR IMPROVEMENTS AT TWO LOCATIONS IN SIOUX CITY.
THE FIRST LOAN IS FOR 830-THOUSAND DOLLARS FOR RAIL IMPROVEMENTS AT THE LEWIS BOULEVARD FACILITY.
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RAIL7 OC……….DOING THAT” :18
THE COMPANY ALSO GOT A 256-THOUSAND DOLLAR LOAN FOR ITS NEARBY LOCATION WHERE THEY HANDLE GRAIN.
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RAIL8 OC……….HEAVIER RAIL CARS” :21
GLASPIE SAYS THE TRACK WILL BE BROUGHT BACK UP TO STANDARDS:
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RAIL9 OC………TRACK IS ON” :15
THE B-J-R-Y TRANSLOAD COMPANY WON A LOAN OF 792-THOUSAND DOLLARS FOR RAIL IMPROVEMENTS IN AN AREA OF THE LE MARS INDUSTRIAL PARK.
THE COMPANY HAS A LOAD TRANSFER YARD WHERE THEY HANDLE LUMBER BROUGHT IN ON RAIL CARS.
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RAIL10 OC……….ON SEMIS” :20
GLASPIE SAYS THE LOANS ARE FOR 80 PERCENT OF THE PROJECTS, AND THE BUSINESSES PUT UP THE OTHER 20 PERCENT.
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