Rail Roundup: Genesis has new owner; Lineage opens cold storage warehouse

Auxo Investment Partners acquires Genesis Rail Services

Private investment firm Auxo Investment Partners has acquired Genesis Rail Services, a full-service railroad maintenance company based in Bluefield, West Virginia, and Roanoke, Virginia. 

Genesis Rail Services, which was founded in 2009, provides outsourced maintenance of way, mechanical and construction services to Class I, Class II and industrial railroads across the U.S. The company recently patented its flagship service: a tie plate...

https://www.freightwaves.com/news/rail-roundup-genesis-has-new-owner-lineage-opens-cold-storage-warehouse

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