R&N Acquires Industrial Complex

Pennsylvania regional railroad Reading & Northern said this week it has acquired an industrial complex located in Nesquehoning, Pennsylvania.

The complex includes nine buildings situated on 10 acres of land.

It is currently being used by KME Fire Appartus to build fire trucks. That company is winding down that business.

In a news release, R&N said the complex is located on a 19.5-mile rail line that it purchased last year from Carbon County and plans to upgrade to 40-mph operation.

R&N indicated it plans to use the facility to expand its equipment maintenance and repair facilities and to provide storage space.

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