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R. J. Corman Railroad Group Announces Acquisition of Owego and Harford Railway, Lehigh Railway, Luzerne and Susquehanna Railway, and TranZ

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Submitted by tadkins on

NICHOLASVILLE, Ky – R. J. Corman Railroad Group, LLC announced the finalization of an agreement to acquire Owego and Harford Railway, Inc (OHRY), Lehigh Railway, LLC (LRWY), and Luzerne and Susquehanna Railway Company (LS) as well as TranZ, a transload service provider operating on the short line railroads. These entities are to be purchased by subsidiaries of R. J. Corman Railroad Group from Mr. Steve May, President of OHRY, LRWY, LS and TranZ. The closing is subject to customary regulatory approvals.

 

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