North Mississippi rail line reopening hits a snag
Area officials are seeking federal funding
by Associated Press
Published: May 26,2011
Tags: Genesee & Wyoming, Greenwood, Greenwood Commonwealth, Mike Taggert, Mississippi, West Point
GREENWOOD — Transportation Commissioner Mike Tagert says the reopening of the rail line between Greenwood and West Point has run into a snag.
The Greenwood Commonwealth reports Tagert told a civil group this week that the state has offered up to $15 million to the project, but Genesee & Wyoming, which owns the 90-mile stretch, has not brought any funding proposal to the table.
Tagert, who represents north Mississippi on the commission, says reopening the route has tremendous economic development potential, but he says privately owned and operated railroads need private investment.
The line from Greenwood to West Point has been out of service since 2001 due to its dilapidated condition. It remains open from Greenwood to Greenville.
Area officials are seeking federal funding to get it back running.
Information: The Associated Press
To sign up for Mississippi Business Daily Updates, click here.
One Response to “North Mississippi rail line reopening hits a snag”
POST A COMMENT
Top Posts & Pages
- Fervor grows for Tuscaloosa Marine Shale
- Mississippi Power CEO's departure due to withholding Kemper information from regulators
- Tenn. company makes unspecified offer to lease hospital
- Study says Nissan subsidies total $1.33B; MDA says overestimated
- Renee Flynt made Craftsmen's Guild president
- Small business owners take picture perfect advantages with Instagram
- Defunct casino to be moved; cost could rise depending on 'crud'
- Nullification and interposition
- Undersecretary: 'I understand the frustration' over catfish inspections

![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
May 26th, 2011 at 6:54 pm
What has ever happened to the rail lines reopening in the south of state. They have been closed since Katrina. I have been told it’s all some political games. What does that mean? Could Transportation Comissioners asnwer this question?