Great Lakes Central Railroad (GLC) and Watco Railroad Company Holdings, Inc. (Watco) announce an agreement whereby Watco will acquire ownership of the GLC, the largest Class III regional railroad in Michigan with approximately 400 miles of track stretching through Central and Northern Michigan. Watco has been an equity investor in the GLC since 2013.

The rail lines run north from Ann Arbor, Michigan, to Cadillac with branches to Thompsonville, Traverse City, and Petoskey. Serving 15 Michigan counties, the GLC interchanges with the CSXT, Mid-Michigan
Railroad, Huron and Eastern Railway, Canadian National, and Watco’s Ann Arbor Railroad which provides connectivity to Norfolk Southern. The GLC ships a diverse range of commodities including
soybeans, corn, and other agricultural products, fertilizers, plastics, and LPG.

Watco will begin operations of the line pending approval by the Surface Transportation Board.

-via Press Release