West Michigan RR Abandonment Petition Coming

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jrgerber
Railroadfan...fan
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Joined: Fri Jul 01, 2011 5:03 am

Re: West Michigan RR Abandonment Petition Coming

Unread post by jrgerber »

I recall Pioneer buying the West Michigan out of bankruptcy for $500,000 total in cash and stock. They sold some real estate in Paw Paw for $300,000. Not sure what they may gotten in terms of scrap for the rails they tore up. I think the failure to get the plant in Paw Paw to ship by rail was their biggest failure. Glad to see the new owners turning it around.

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