1 / 18

Freight Rail Day 2011

Freight Rail Day 2011. “ Freight Rail: Working for Wisconsin ” A CASE STUDY. Ken Lucht Wisconsin & Southern Railroad Co. A PUBLIC / PRIVATE PARTNERSHIP Est. 1980 under Stats. 66.1021. PLYMOUTH TO KOHLER RAIL RECONSTRUCTION PROJECT. 11-Mile East West Segment

beyla
Download Presentation

Freight Rail Day 2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Freight Rail Day 2011 “Freight Rail: Working for Wisconsin” A CASE STUDY Ken Lucht Wisconsin & Southern Railroad Co.

  2. A PUBLIC / PRIVATE PARTNERSHIPEst. 1980 under Stats. 66.1021

  3. PLYMOUTH TO KOHLER RAIL RECONSTRUCTION PROJECT • 11-Mile East West Segment • Originally built in 1859 for passenger service • Sheboygan & Mississippi RR • “Out of service” for 30 years, never abandoned • Railroad corridor still in tact today

  4. PLYMOUTH TO KOHLER RAIL RECONSTRUCTION PROJECT • In 2006, eastern portion of line was embargoed • Impacts felt in private and public sectors • Commodities include: Grain, Fertilizer, Lumber, Plastics, Cold Foods • In 2008, WisDOT released Economic Report • In 2009, State of WI acquired line from UP

  5. TRANSLOADING

  6. ECONOMIC IMPACT ANALYSIS • Approximately 2,883 Direct Jobs At Stake • $137 Million in Personal Income • $614 Million in Output (Sales) • Study identified over 100 potential rail users within 1 mile • Loss of Rail increases transportation costs by $500 K • Conclusion: Clear potential for business development • if rail line is re-activated in Sheboygan County.

  7. PLANNING & CONSTRUCTION • Complete Reconstruction $15 Million • Federal / State Government Permitting • STB WDNR WSHS WisDOT • Local Government Participation • Stakeholder Identification • Economic Feasibility & Financing

  8. WORK SCOPE • Brush Cutting / Surveying • Dismantle Existing • Rebuild to meet 286,000 Lb. Standards • 11 miles of Welded Rail • 40,000 New Wood Ties • Rebuild 17 At-Grade Public Rail Crossings • Rebuild 4 Structures • Competitive Bid & Prevailing Wage Requirements

  9. STAKEHOLDER GROUP • 7 Private Companies • 3 Communities • 1 County • Chambers & Sheboygan County EDC • 2 Railroad Companies • State of Wisconsin • Locally-Elected Officials

  10. FINANCIAL PLAN • Shared amongst various stakeholders • Fair & Equitable • Return on Investment • State would play key role • In 2009 State awarded a $12 Million Grant • Stakeholder Group to secure Local Match

  11. FINANCIAL COMMITMENTS TO DATE: Secured: 93% of Total Project Costs 80% Preservation Grant 8% Private Sector Sources 5% Municipal Sources Unsecured: 7% of Total Project Costs

  12. PROJECT BENEFITS • $5 Million infused into local economy • AAR Estimates $15 Million investment will • yield $45 Million in economic output • Could result in 300 new jobs in region • Enhance Local Tax Base • Direct access to national and world markets • Business Attraction throughout county

  13. COMMUNITY INVOLVEMENT

  14. THANK YOU Ken Lucht Community Development Mgr Wisconsin & Southern Railroad Co. www.wsorrailroad.com

More Related