RR Mergers & Acquisitions

Metro East Industries provides railcar and locomotive repair and maintenance, both in the shop (East St. Louis/Alorton, Ill., pictured) and on the rail.
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Supply Briefs: Metro East Industries, Petroleum Service Corp., Remprex

RR Mergers & Acquisitions reported the sale of Midwest Maintenance Service to Metro East Industries, a railcar and locomotive repair and maintenance company; Petroleum Service Corp. (PSC) has acquired Prokar, Inc., an on-site railcar repair, maintenance and inspection services provider for petrochemical and refining companies in Texas and Louisiana; and Remprex, an intermodal logistics and transportation services provider, acquired the Technical Services International, Hubert Line and Hubert Rail subsidiaries of Lanco International, Inc.

Ironhorse Resources acquires San Pedro & Southwestern

Short line holding company Ironhorse Resources, Inc., has acquired Arizona-based San Pedro & Southwestern Railroad (SPSR). RR Mergers & Acquisitions, a specialist in the sale of rail sector companies, brokered the deal. SPSR will be renamed the San Pedro Valley Railroad (SPVR); the transaction is effective immediately.