New Hampshire Revolving Loans Fund Cog Railway & Conway Scenic

New 100lb/ rail on Cog Railway to replace 25lb rail. Conway Scenic refinances dome car.

New Hampshire Revolving Loans Fund Cog Railway & Conway Scenic

The Mount Washington Cog Railway and Conway Scenic Railroad are beneficiaries of loans from the New Hampshire Class III Railroads and Cog Railroads Revolving Loan Fund. The New Hampshire Executive Council voted yesterday to approve the loans. The Cog Railway project benefiting from a $1.2 million loan will lay new 100lb (per yard) modern rail […]

NECR: Renews West Lebanon Lease with NHDOT

NECR KEEPS CONTROL OF NH STATE-OWNED INDUSTRIAL TRACK OFF VRS WRJ

NECR: Renews West Lebanon Lease with NHDOT

01.February, West Lebanon, NH — New England Central (Genesee & Wyoming) will continue to deliver propane, cement, and salt into West Lebanon via the Northern Railroad Line, based on a 10-year lease renewal by the NH Department of Transportation, which owns the line. The West Lebanon property, part of the Claremont Concord Railroad (CCR) until […]

SLA: New Ownership for Gorham NH Paper Mill

HIGH-PERFORMANCE TISSUE PLANT WILL CONTINUE 130-YEAR PAPER-MAKING LEGACY. NO WORD ON REVIVING RAIL SERVICE.

SLA: New Ownership for Gorham NH Paper Mill

05.January, Gorham NH – Gorham Paper and Tissue was acquired by Behrens Investment Group. In addition to the $8.75 million cash purchase price, the new owner also assumed ~$9.8 million in loan debt and local tax liabilities. The facility will now be known as White Mountain Paper Company.   GPT, under the ownership of Patriarch […]

MBRX/PAR: Trail-Alongside-Rail proposed for Hillsborough Branch

NASHUA NH PLANNING COMMISSION PROPOSES 16-MILE RAIL-AND-TRAIL PAIRING ALONG PAR HILLSBOROUGH LINE

MBRX/PAR: Trail-Alongside-Rail proposed for Hillsborough Branch

03.December, Nashua NH – The Nashua Regional Planning Commission is proposing to construct a lengthy pedestrian trail alongside the Hillsborough Branch line. The line is owned by Pan Am Railways between MP 0.0 to MP 16.36. From that point westward to Bennington, the line is owned by the State of New Hampshire. Milford – Bennington […]

FRA awards $32 million CRISI grants to northeast rails

FRA awards $32 million CRISI grants to northeast rails

The U.S. Department of Transportation’s Federal Railroad Administration (FRA) has selected 50 projects in 29 states to receive competitive grant funding under the Fiscal Year (FY) 2020 Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program.  The projects selected include a wide variety of railroad investments that improve the safety, efficiency, and reliability of freight and […]