CN gets subsidized terminal buildout from Wisconsin.......

[CMStPnP]

The Wisconsin candy man cometh for CN (see item titled Northside Elevator via link):

https://wtaq.com/2022/09/26/gov-evers-announces-nearly-8-million-in-grants-loans-for-wisconsins-freight-railroad-assistance-program/

 

[PNWRMNM]

Read the article!

None of this money is going to CN. Some goes to WSOR. Some goes to various new rail customers, substituting state money for customer money. I know of no carriers that will not pay for new customer swithes and track.

Mac

[kgbw49]

Here is the facility that is being built.

The $3 million rail spur, paid for by an FRIIP loan which as a loan will be paid back over time, is part of the project.

https://northsideelevator.com/new-stanley-wi-facility/amp/

Here is the company itself.

https://northsideelevator.com/

 

[charlie hebdo]

I read and it says:

"Northside Elevator in Stanley, Chippewa County: $3 million FRIIP loan to construct 6,878 feet of track for a new rail-served agronomy and feed terminal in Stanley on Minneapolis Subdivision. Canadian National Railway"

So it is on CN but maybe no actual $ go to CN?

[MidlandMike]

The facility connects to CN, but I understand the new trackage is on the industry's property and usually that track is owned and maintained by that industry.