FORT WORTH, Texas – (BUSINESS WIRE) – May 13, 2022–
Rio Grande Pacific Corporation (“RGPC” or the Company “), through its Rio Grande Pacific group portfolio company, Basin Railway Constructors, LLC (” BRC “), today announced that it has selected engineering and construction companies for the final engineering and construction of the Uinta Basin Railway, the 85-mile long common carrier railroad that will provide the first common carrier rail service to the Uinta Basin region of northeastern Utah.
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Rio Grande Pacific Corporation’s freight railways include the Nebraska Central Railroad, a 340-mile network in east-central Nebraska that serves diversified industrial, energy, and agricultural customers. (Photo: Business Wire)
The construction and operation of the Uinta Basin Railway project was authorized by the US Surface Transportation Board on December 15, 2021. The railway will serve the mining, energy, agricultural, construction and manufacturing industries in the Uinta Basin. The rail project was initiated by the Seven County Infrastructure Coalition, a political subdivision of the state of Utah, in 2018. The Ute Indian tribe of the Uintah and Ouray Reservation is an equity partner in the railroad.
The selected engineering and construction companies are:
- AECOM will deliver the final project of the railway excluding its tunnels. AECOM is the No. 1 in the world (in terms of revenues) for Engineering News-Record (ENR).
- The Skanska-WW Clyde joint venture will carry out the construction of the railway excluding its tunnels. Skanska is the No. 5 in the world for ENR. WW Clyde is the largest locally owned heavy civilian contractor in the state of Utah and has built a substantial portion of Utah’s major transportation infrastructure since 1926.
- Obayashi Corporation will deliver the final design and construction of the rail tunnels. Obayashi is the No. 15 in the world for ENR and is recognized worldwide for its experience in tunneling.
RGPC President and CEO Richard Bertel said, “We are delighted to award the engineering and construction of the Uinta Basin Railway project to AECOM, Skanska-Clyde and Obayashi. Numerous qualified and technically competent engineering and construction companies, including most of the major companies in the United States, have pursued the Uinta Basin Railway project and have provided us with creative, high-quality answers. AECOM, Skanska-Clyde and Obayashi provided the best solution for our project goals from the companies we interviewed. “
Garrett McMullin, Area Manager of WW Clyde, said, WW Clyde has been known since 1926 as one of the leading heavy civilian contractors in Utah and the Intermountain West. We are thrilled to be selected for the largest new railroad construction project in the United States since the 1970s. We are excited to participate in creating new jobs and economic opportunities for rural Utah. “
A key selection criterion for RGPC was AECOM, Skanska-Clyde and Obayashi’s commitment to local and tribal hiring preference and to include construction and engineering firms located within their teams to the maximum practical extent. within the Uinta Basin and Seven County Infrastructure Coalition counties.
About Rio Grande Pacific Corporation
Rio Grande Pacific Corporation (RGPC) is a privately held holding company headquartered in Fort Worth, Texas for regional freight railways. Through its various subsidiaries, RGPC provides a full suite of services to the railway sector, including railway development, engineering and project management, passenger railway operations and maintenance, regeneration of railway track maintenance equipment, railway dispatching services, industrial switching. The companies in the RGPC portfolio provide services to Class I, regional and short-haul railroads, passenger transportation agencies and industries served by railways in the United States. Our properties serve many Fortune 500 companies and move a diverse mix of commodities across the agricultural, chemical, lumber, mining, energy and recycling industries. These initiatives offer diversification across the spectrum of the industry through synergistic activities and relationships. RGPC provides international railway consultancy services for clients around the world, including the five continents to date, and evaluates major greenfield railway projects for its clients as well as our portfolio.
During the 36 years since our founding, we have focused on building a company known for its proactive approach to engaging communities; strong and strategic partnerships with our customers and our communities; efficient and safe train handling and transport solutions; and excellent customer service. Internally, our company focuses on attracting strong team players who bring innovative and creative thinking and a willingness to do what is possible. This entrepreneurial and often nonconformist style translates into a strong but stable growth plan. As a result, Rio Grande Pacific continues to evolve to meet the needs of a dynamic rail industry.
At RGPC, we know what it takes to operate within the increasingly complex political, regulatory and logistical challenges to move cargo and passengers efficiently.
This release includes certain forward-looking statements, projections and observations of Rio Grande Pacific Corporation. Such statements are subject to risks and uncertainties that could cause results to differ materially from the Company’s expectations. While the Company makes these statements in good faith, neither the Company nor its management can guarantee that the expected future results will be achieved. The Company undertakes no obligation to publicly update or revise any forward-looking statements contained herein or any other forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by the foregoing cautionary statements. All of these statements are effective only as of the date issued and, except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements, due to new information, future events or otherwise.
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KEYWORD: UTAH TEXAS UNITED STATES NORTH AMERICA
SECTOR KEYWORD: OTHER MINING / MINING ENERGY ENERGY OTHER BUILDING AND PROPERTY AGRICULTURE NATURAL RESOURCES OTHER MANUFACTURING BUILDING AND PROPERTY RAILWAY ENGINEERING TRANSPORT LOGISTICS / SUPPLY CHAIN MANAGEMENT PRODUCTION
SOURCE: Rio Grande Pacific Corporation
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PUB: 13/05/2022 21:49 / DISCO: 13/05/2022 21:49