Ashland, WI., Will Be Site of New Track Panel Supply Plant.ASHLAND, Wis.--(BUSINESS WIRE)--May 1, 1998--Governor Tommy Thompson For other people with similar names, see . Tommy George Thompson (born November 19, 1941), a United States politician, was the 7th U.S. Secretary of Health and Human Services and the 42nd Governor of Wisconsin. traveled here today to announce that ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Rail Products Corporation will build a new plant that will employ about 40 in this Lake Superior community, 75 miles east of Superior. The new plant is one of several being made possible by TIF TIF Tagged Image File (file name extension) TIF Tax Increment Financing TIF Temporary Internet Files TIF Transport Innovation Fund (UK) TIF Telecommunications Infrastructure Fund financing and TEA grants awarded to the city of Ashland by the State of Wisconsin. Construction of the 57,000 sq.-ft. building will begin in early August with completion in October. Site preparation work is expected to begin in about two weeks. The plant will assemble track panels, which are sections of rail that allow trains to switch from one track to another. The panels, up to 264 feet long, will be assembled into complete sections and then shipped to railroad customers that will initially include Burlington Northern & Santa Fe Railroad Santa Fe Railroad, former U.S. railroad, chartered in 1863 as the Atchison, Topeka, and Santa Fe RR; opened to traffic in 1864. Construction continued, and in 1880 it reached Santa Fe, N.Mex.; the following year the railroad connected with the Southern Pacific RR. , Wisconsin Central Railroad, and the DM&IR. Rick Sauer, operations manager See datacenter manager. for ABC Rail Track Products Division plants in Newton, Kansas, and Superior and Ashland, Wisconsin, said the Ashland plant would replace a similar facility in Duluth, Minnesota, which is being closed. ABC Rail Products, headquartered in Chicago, operates a network of track product facilities serving railroads across the country. The Ashland plant will receive components for assembly from ABC Rail's plant in Superior and its new rail mill in Chicago Heights, Illinois Chicago Heights is a city in Cook County, Illinois, United States. The population was 31,373 at the 2005 census. Geography Chicago Heights is located at (41.512034, -87.640201)GR1. . There will be no manufacturing planned at the Ashland plant at this time. Sauer said his company had worked closely with the city of Ashland, the State of Wisconsin, Wisconsin Central Railroad, and other governing bodies in obtaining approvals and financing for the new plant. ABC Rail Products is a leader in the engineering, manufacturing, and marketing of replacement products and original equipment for the freight railroad and rail transit industries. The company's products include specialty trackwork, such as rail crossings and switches; mechanical products, such as rail car, locomotive and idler wheels, mounted wheel sets and metal brake shoes; classification yard products and automation systems; and signal system design, installation and maintenance services. Annual sales in the company's most recent fiscal year were about $260 million. Its shares are listed on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on . CONTACT: ABC Rail Products, Chicago Rick Sauer, 715/392-8181 |
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