G&W Says Shippers Invested $1.5B in 2021

Genesee & Wyoming said this week in a news release that its shippers had invested $1.5 billion in industrial development along its 103 U.S. railroads last year.

Those investments involved 69 projects that G&W said will generate more than 1,000 new jobs.

One of those projects is located in Delta, Ohio, which will receive from the Indiana & Ohio Railway inbound coils to make pipe.

G&W said it is the fourth steel customer to expand business along the I&O since 2015.

Another project includes a wind-turbine trans-loading site in Remington, Indiana, served by Toledo, Peoria & Western Railway.

G&W said it maintains a database of more than 600 potential industrial development properties across its U.S. railroads.

Tags: Delta Ohio, Genesee & Wyoming, Indiana & Ohio, Indiana & Ohio Railway, Short line railroads