Banyan Rail Services Inc. announced that its subsidiary, Wood Energy Group, Inc., has completed construction of a tie grinding facility in Shreveport, La. Wood Energy reclaims railroad ties and then disposes of them to the energy co-generation or landscape markets.
At its new Shreveport facility, Wood Energy is providing the reclaimed product to International Paper.
Kansas City Southern recently signed an agreement with Wood Energy to deliver ties to the plant in Shreveport.
Banyan Rail Services is headquartered in Boca Raton, Fla.