CADRAIL / RB Recycling – Lachine, QC:
Global Railway Industries Limited announced in July the sale of subsidiary CAD Railway Industries, to a consortium of managers as 2290693 Ontario Inc. This company is controlled by Mr. Fausto Levy, Global, and the President and CEO of Cadrail. The value of this transaction is approximately $12.9 Million CDN.
Located in Lachine, QC, Cadrail has an ideal location to do business with both a CP and CN interchange track. However the drawback is the facility has no where to expand, and as business is good they are often pressed for storage space. As needed, locomotives for contract repairs can be held in Montreal (CP St-Luc Yard, CN Taschereau Yard, and AMP in Pointe St-Charles), waiting for an opening.
In July, CADRAIL were awarded the contract to refurbish 127 GO Transit commuter coaches. Cadrail and Ontario Northland Railway competed fiercely for this contract and in mid-July we learned ONR employees and the City of North Bay are pushing the Ontario Provincial Government to review the awarding of the contract to a Quebec-based company.
Michael Berry noted the following locomotives at the CADRAIL facility on July 9th: CEFX GP40-3 6537 in blue with white trim, HLCX SD40-2 7161, SOO SD60’s 6040, 6041, and 6050. CAD shop switcher RS18u 1825 was parked outside the shop and inside was CEFX SD40-2 3117, which has been at CAD for four months.
Industrial Rail Services (IRSI) – Moncton, NB
© CRO Aug 2011