RAIL.ONE, headquartered in Germany, plans to build a manufacturing facility that would produce concrete rail ties in the Lincolnway Industrial Rail and Air Park on the west side of Clinton along U.S. 30. The factory will be RAIL.ONE’s first plant in North America.
The total economic impact of the RAIL.ONE project is estimated to be $20 million, with 62 direct jobs.
There is no specific mention on the council’s agenda of any incentives for another development.
A third business, Nevada Railroad Materials Inc., also announced plans for a Clinton plant last week that will bring 30 jobs. Based in Utah, Nevada Railroad Materials Inc. will work in conjunction with RAIL.ONE, supplying railroad cars to the company and recycling old, wooden railroad ties. In business for 20 years, the company is headquartered in Ogden, Utah, with additional locations in Arizona, Oregon and Nebraska.
RAIL.ONE Group, leading international manufacturer of concrete railroad ties and systems provider for railway track, has entered the US market. The company will construct a production plant in the US State of Iowa with an annual capacity of 600,000 concrete ties. In implementation of its market entry, RAIL.ONE Group has already founded a US subsidiary RAIL.ONE USA Corp.
http://www.railway-technology.com/contractors/engineering/pfleiderer2/pressrailone-us-market.html
Clinton, Iowa has been chosen by a German concrete tie firm as the location for a U. S. manufacturing facility. Is anybody familiar with their product?