PORTLAND, ME, July 12, 2019 (Portland Press Herald) -A multi-million dollar upgrade is planned to improve performance of a critical Maine rail line and serve the state’s resurgent pulp and paper industry.
The Federal Railway Administration will cover about half the $35.5 million to replace aging rails, renovate road crossings, improve safety and fix bridges on a 75-mile stretch of line between North Yarmouth and Waterville owned by Pan Am Railways. The company, based in Billerica, Massachusetts, will match federal funds with its own investment. The Maine Department of Transportation will pay about $568,00 for the project.
“We’ve been talking about this for a long time,” said Nate Moulton, director of freight and business services at Maine Department of Transportation. “When this opportunity, these funds became available it was a good fit for the project.” Construction is expected to start next year.
RISI is not responsible for the reliability or availability of content on external websites.