TrinityRail Maintenance Services (TRMS), a subsidiary of Trinity Industries, has revealed plans to build a railcar maintenance facility in the US state of Iowa.
The company has selected a 230-acre site in Shell Rock to build the facility, as well as initiated the process to purchase the land.
This site has been selected due to its proximity to the upper Midwest region and access to the Class-1 railroad network.
TRMS has earmarked an investment of nearly $60m for the facility, which is expected to employ more than 250 people once fully operational.
The Iowa facility will offer a variety of railcar services, including repairs and maintenance, inspections and testing, as well as coatings and cleaning services.
TrinityRail Group president and senior vice-president Eric Marchetto said: “TrinityRail Maintenance Services is proud to announce the development of a new facility that will provide railcar maintenance and services.
“This full-service facility will expand our internal network and operational flexibility in a key geographic location.
“This expansion will enhance our customers’ experience by delivering best-in-class turn times for maintenance events within the railcar industry, as well as consistent quality and compliance standards within our maintenance network.”
With the new facility, the company aims to conduct half of its railcar maintenance requirements internally.
The Iowa railcar maintenance services facility is expected to become operational by the end of next year.
Headquartered in Dallas, Texas, Trinity Industries offers rail transportation products and services in North America under the trade name TrinityRail.
Overall, TrinityRail provides railcar leasing and management services, manufacturing and maintenance services.