New Rail Car Maintenance Facility to Sioux City

[Victrola1]

A Texas company plans to build a $29.5 million rail car maintenance facility in Sioux City that will bring 250 jobs to northwestern Iowa.

The state's economic development agency approved $1.9 million in tax credits today for TrinityRail Maintenance Services, which wants to build the 150,000-square-foot facility.

http://www.desmoinesregister.com/story/money/business/development/2014/10/17/iowa-economic-development-authority-trinityrail/17428377/

[Murphy Siding]

     How much does location, in relationship to rail traffic factor into the placement of a facility like this?  Sioux City doesn't seem like a real big railroad town, although it does connect to BNSF, UP, CN and D&I.  Would it have ended up somewhere else, if some other location offered the bucket of money?

[Dakguy201]

I can't answer Murphy's question other than noting they were offered substantial tax relief for the facility.  It is to be located in a new industrial park south of the city served by the UP.  Sioux City already has several industrial concerns whose business centers around the fabrication/bending/welding of metals, so I would think one of the perceived advantages to this location is availablity of a workforce accustomed to such tasks.   

[mudchicken]

The multiple interchange worked in Sioux City's favor and Trinity has been around for a while. Beware that the business is cyclical. Happy tank cars and covered hoppers.