Ironhorse Resources announces acquisition of the San Pedro and Southwestern Railroad
St. Louis, Missouri – October 17, 2018 – Ironhorse Resources is proud to announces the addition of the San Pedro and Southwestern Railroad to Ironhorse Resources family.
The Arizona based railroad will be renamed the San Pedro Valley Railroad (SPV) effective immediately.
“The San Pedro Valley Railroad is a valuable regional franchise serving a diverse customer base and is a natural fit to our franchise,” IHR President Matt Cundiff said. “Excellent safety practices and customer service have been the railroads primary focus. We will continue these initiatives with a focus on regional business development.”
“We are very excited to have Aaron Lovelady continue as General Manager supported by the rest of his team. We are looking forward to transitioning this tremendously successful team of operators in to our family of operations,” Cundiff said.
San Pedro Valley Railroad (SPV) serves regional businesses in Cochise County from connections with Union Pacific’s main line at Benson (45 miles east of Tucson) and Willcox, Arizona (80 miles east of Tucson)
About the San Pedro Valley Railroad
SPV’s chief sources of traffic are agricultural, chemicals, feed grains, mining and building products. The line’s rail-to-truck transload facilities offer customers savings from lower rail rates coupled with the convenience of truck delivery.
San Pedro Valley Railroad (SPV) serves regional businesses in Cochise County from connections with Union Pacific’s (UPRR) main line at Benson (45 miles east of Tucson) and Willcox, Arizona (80 miles east of Tucson).
FOR IMMEDIATE RELEASE
November 8, 2017
Steve Tarr | firstname.lastname@example.org
Ironhorse is On Track at the Border
Buys 1,244 Acres in Santa Teresa for Development
Santa Teresa, NM — Today, Ironhorse Resources, Inc. announced the purchase of 1,244 acres in Santa Teresa, New Mexico. The Santa Teresa region, located on New Mexico’s border with Mexico, has been one of the fastest growing industrial areas in the Southwest.
“We expect business development in the Southern New Mexico / El Paso / Juarez, known as the Borderplex region, will occur around Santa Teresa. We’re located adjacent to Union Pacific’s Intermodal & refueling terminal and we are connected to a heavy-haul truck corridor with direct access to Juarez. We are now poised to offer build-to-suit rail solutions for all sizes of industries (big or small)”, said Jeff Baskett, Executive Vice President of Ironhorse Resources.
Ironhorse Resources, Inc., through its affiliate, IHR Holdings, LLC (“Ironhorse”) bought the remaining 1,244 acres of development property in the Santa Teresa Rail Park in Santa Teresa, New Mexico. The Ironhorse subsidiary, Santa Teresa Southern Railroad, is the rail operator with a direct connection to Union Pacific Railroad.
Santa Teresa Southern Railroad is unit train capable and has been serving the region since opening in 2012 and now handles rail shipments of Corn Syrup, Feed Grains, Scrap Metal, Windmill Blades and a variety of other commodities.
“As an industrial rail park developer and logistics company, we have seen how vertically integrating land solutions, rail offerings, transload capabilities and trucking solutions creates unparalleled value to our customers. The platform that we offer helps to ensure our customers’ success in any market. We are extremely excited to have the opportunity to assist in driving growth in the community”, adds Matt Cundiff, President of Ironhorse Resources.
Firms such as Union Pacific, Foxconn, and Federal Express have also recently located their operations in Santa Teresa.
For more information about Ironhorse Resources, Inc. visit www.ironhorseresources.com .
About Ironhorse Resources
Ironhorse Resources, Inc. (IR) is the parent company of nine operating companies, and the administrative manager of all the companies owned by CGX, Inc. Located in O’Fallon, Illinois, the companies are managed by experienced railroad & logistics professionals. The entities operate five shortline railroads, three transload facilities and two trucking companies. Three of the railroads are located in Texas, one is located in New Mexico and one is located in central Tennessee just southeast of Nashville. The transloading facilities are located in Santa Teresa, NM and McAllen & Donna, TX. The trucking companies are operated out of Houston, TX and Donna, TX.
IR and its subsidiaries are a diversified set of related companies which strive to accommodate their customers’ logistics needs. These range from industrial land development, operating railroads, switching industries, car cleaning, transloading & warehousing and trucking. IR is the parent company of: Caney Fork & Western Railroad; Gardendale Railroad, Inc. (won Railway Age’s Shortline of the Year and an ASLRRA Marketing Award in 2013); Rio Valley Switching Company; Santa Teresa Southern Railroad, LLC; Southern Switching Company – Abilene; Southern Switching Company – Big Spring; IHR Transload; IHR Transport; IHR Logistics, LLC. Visit the company’s website www.ironhorseresources.com