AGGREGATES TERMINAL OPENS IN CAMDEN, N.J.
AGGREGATES TERMINAL OPENS IN CAMDEN, N.J. CAMDEN, N.J., April 2 /PRNewswire/ -- Wimpey Minerals Inc.,
Transmodal Inc. and Consolidated Rail Corporation (NYSE: CRR) (Conrail) today dedicated a new aggregates transloading terminal here, which will provide crushed limestone for ready mix concrete and asphalt used in southern New Jersey construction projects.
The terminal, opened at an investment of $1 million by Wimpey Minerals, is located on seven acres adjacent to Conrail's Pavonia Yard in Camden, with 75,000 tons of ground storage. Stone can be unloaded from railcars at the rate of about 1,200 tons per hour. From the terminal, stone is trucked as needed to customers in southern New Jersey. Transmodal Inc. is responsible for operating the terminal and marketing the products at the Camden facility and other New Jersey locations. Conrail serves the terminal with unit trains from Wimpey Minerals' quarry in Annville, Pa. Those trains are made up of rapid-discharge hoppers, equipped with air-operated bottom doors, that can be unloaded in a matter of seconds. Conrail purchased a fleet of 200 rapid- discharge cars for aggregates service last year at an investment of $10 million. "The Camden facility highlights exactly what can be accomplished by Transmodal, Conrail and Wimpey Minerals by working together to provide a product that is vital to improving the infrastructure of southern New Jersey," said Julian Hobbs, president of Wimpey Minerals. "This teamwork benefits everyone, particularly the end user, the customers." "We are pleased that Wimpey Minerals has chosen Conrail as its transportation partner for this venture," said Conrail Chairman, President and Chief Executive Officer James A. Hagen. "By moving this material by rail, we can eliminate the stress on the regional highway system that would result from daily truck trips between the quarry and the terminal." Wimpey Minerals, a British company involved in the aggregates and construction industries, serves aggregates markets in southeastern Pennsylvania, southern New Jersey, Maryland and Delaware. Conrail provides rail freight transportation service in 14 Northeastern and Midwestern states, the District of Columbia, and the Province of Quebec. /delval/ -0- 4/2/92 /CONTACT: Robert T. Sullivan of Conrail, 215-977-4594, or Michael Rushby of Wimpey Minerals, 717-867-4441/ (CRR) CO: Consolidated Rail Corporation; Wimpey Minerals Inc.; Transmodal Inc. ST: New Jersey IN: TRN SU:
CC -- PH043 -- 4509 04/02/92 15:44 EST
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|Date:||Apr 2, 1992|
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