3 Vye to Buy Indiana Short Line

Three companies are seeking to buy an Indiana short line railroad owned by the city of North Judson.

One of the bidders, Midwest & Bluegrass Rail, has offered $2,725,000 for the 33-mile rail line, which also is used by the Hoosier Valley Railroad Museum.

M&B already operates the line as part of its acquisition of the Chesapeake & Indiana, one of four short lines it acquired in 2020.

Other bidders are only interested in the portion of the line used for freight traffic.

They include $2.3 million from agricultural co-op Co-Alliance and $1.6 million from Columbia Rail, which operates three short lines and rail terminal services at two sites in Washington state.

The town’s redevelopment commission is expected to the bids at a closed-door meeting next week.

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