Denver-based Alpenglow Rail, specializing in operating and growing rail businesses, has acquired two major Texas and Louisiana rail facilities from USA Rail Terminals. The terminals, under the USA Rail banner, are owned by Jim Donnan Companies and High Roller Group, two family-controlled enterprises based in Center, Texas. USA Rail provides a broad range of rail services, including railcar storage, switching, transloading and railcar cleaning solutions in the Gulf Coast of the United States.
The Texas facility is a 51-acre Kansas City Southern Railroad served terminal in Texas, located within the Port Arthur and Beaumont refinery and petrochemical corridor, in close proximity to Indorama, Exxon, Chevron, Motiva, Total, BASF and other industrial players. The Port Arthur facility has capacity to store over 900 railcars, switches over 15,000 carloads per year, and provides a full suite of rail services.
The Louisiana acquired facility is an 85-acre, Union Pacific Railroad served facility in Louisiana, within the heart of the Port Allen and Baton Rouge industrial markets. it is located near companies such as ExxonMobil, Tokai Carbon, Placid Refinery, and Dow Chemical. Today, this facility stores over 550 railcars and expects to expand its capability to store over 2,000 railcars. The Port Allen facility switches over 15,000 carloads per year, transloads a diverse commodity mix, and provides railcar cleaning solutions.
"USA Rail and the High Roller team had a lot of vision and built a great business. The facilities are state-of-the-art and built to last. The USA Rail assets are strategically located in excellent industrial markets and are well-positioned for both defensibility and growth," said Alpenglow's CEO, Rich Montgomery. "With our relationships, marketing capabilities and commitment to safety and customer service, we're thrilled to work alongside the USA Rail team to continue to grow these companies, and to explore future opportunities with the High Roller team."
Alpenglow, in partnership with Connor, Clark & Lunn Infrastructure (CC&L Infrastructure), also own and operate VIP Rail, a business that comprises two railcar storage, transloading, railcar cleaning, and switching companies in Sarnia, Ontario served by the Canadian National and CSX Railroads.
Based in Denver, Colorado, Alpenglow focuses on investing in, developing, and managing freight rail businesses and related transportation assets across North America. Alpenglow currently owns three rail businesses, switches over 20,000 carloads, and is actively developing 3,000 acres of industrial parks.