The Ohio Rail Development Commission approved funding for eight projects at its bi-monthly meeting that will result in more than $81 million in rail infrastructure investment.
“The projects approved by the Rail Commission each represent a significant commitment by these companies and communities to improve rail safety and enhance economic development within the state,” Matthew Dietrich, Ohio Rail Development Commission executive director, said. “Safe and efficient rail operations within Ohio are a critical component of our mission. These projects also illustrate just how important rail is to our economy. We are pleased to help them continue to grow and thrive in Ohio.”
Projects include rehabilitation, rail expansion, rail bridge rehabilitations and two grade crossing elimination projects. Awardees include:
Cuyahoga Valley Scenic Railroad was approved for a $900,000 loan to repower two locomotives with Tier 4 all-electric engines. The project will cost an estimated $3.5 million.
The Zanesville-Muskingum County Port Authority was awarded a $800,000 grant to expand transload capacity at Eastpointe Business Park. The project will cost an estimated $2.8 million.
The commission also approved funds and agreed to sponsor two projects for federal Railroad Administration grants. Grants total $15.2 million.
The commission funds projects that preserve rail service or improve railroad-highway grade crossings.