On Wednesday, privately held infrastructure developer OmniTRAX announced it had acquired Central Arizona Commerce Park’s (CAZCP) rail infrastructure and park acreage.
The purchase is the third rail network expansion for OmniTRAX in the past six months, the company said. The acquisition makes OmniTRAX the exclusive infrastructure partner of the 679-acre industrial park.
OmniTRAX officials said the move is a strategic one and positions the company as a key growth partner in the U.S. semiconductor and electric vehicle supply chain sectors.
“CAZCP’s exceptional location and logistics advantages are unmatched,” Saint Holdings CEO Jackob Andersen said. “OmniTRAX adds valuable infrastructure expertise and industry relationships to a very dynamic park clientele. We are thrilled about the new partnership and look forward to growing the region.”
The OmniTRAX rail network operates 28 railroads that serve major ports and industrial parks across the country. The CAZCP rail operation is the seventh major industrial park served by the OmniTRAX rail network.
“Saint Holdings has been a visionary developer in the valley, and we are excited to help expand CAZCP’s exceptional owner base and grow the region,” OmniTRAX CEO Dean Piacente said. “Jackob Andersen has played a pivotal role in making Pinal County and Casa Grande one of the Southwest region’s premier logistics hubs and OmniTRAX is excited to work with our local and state partners to power the park’s long-term growth and development.”
Officials said CAZCP offers rail connections via the Union Pacific network, as well as multi-modal access to the Ports of Long Beach and Los Angeles, as to the Phoenix and Tucson international airports, providing an ideal location for companies to streamline their supply chains.