Governor Walker Announces Freight Railroad Infrastructure Improvement Loan for ProVision Partners
Tuesday, March 7th, 2017 -- 8:03 AM
-Governor Scott Walker announced a $1.7 million Freight Railroad Infrastructure Improvement loan for ProVision Partners Co-op to construct almost 6,300 feet of railroad spur tracks at their Auburndale location.The rail construction project is part of a $24 million expansion project to their existing grain elevator and fertilizer storage capacity. The project also will add feed mill facilities and a convenience store to this location. This project is expected to result in approximately 30 new jobs. ProVision Partners Co-op was formed as a combination of Central Wisconsin Cooperative based in Stratford and Harmony Cooperative from the Colby, Unity and Pittsville areas. The new facility will be served by Canadian National Railroad.
FRIIP is one of two freight railroad assistance programs designed to increase the use of rail transportation and support economic development and job creation. FRIIP is a revolving loan program used to improve rail infrastructure and construct new rail-served facilities.
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