The Indiana Rail Road Company on Monday broke ground on a $6 million maintenance facility in Jasonville south of Terre Haute as a part of a $65 million five-year-long project.
President Thomas Hoback says this is the busiest his company has been in its 25-year-history.
“It’s exciting as more and more people are starting to gravitate to Southwestern Indiana because you have a great workforce, you have a well-educated workforce, you have a lot of property,” he said. “You have low cost water and power that’s available.”
Executives say they do not know the exact number of jobs the projects will create but are certain they will boost the local economy.
“We’re really excited about the increased employment, the new facility that’s going to be here and just over all the general progress that they have planned for the next three years,” Jasonville Mayor Roy Terrell Senior said.
The new facility will include a warehouse to service large trains. And the Indiana Rail Road says future investments include a five-mile rail expansion to the Bear Run Coal Mine just south of the facility.