Ohio Central Alcos

I've read on multiple online boards that the Ohio Central, now under new ownership, intends to sell off its Alco fleet. Merely out of curiosity, might GVT grab one or two?

The OC Alcos have been for sale a long time. (All OC locos are always for sale.) I'm sure GVT would be interested, but price, need and condition will, as always, be the determining factor.

RS

Last I heard, they were not interested in acquiring more Alcos. They have more than enough.

It's too bad. The LA&L have enough too.

Ya gotta get'em while there hot! Scrap prices might give the owners no other choice they don't sell them. This goes for any railroad selling Alcos.

Thanks for the insight, folks.

I only hope they have some buyer. There's nothing quite like seeing an Alco run.

Pretty much everything on the Ohio Central roster has traditionally been for sale for "the right price".

G&WI may dispose of the ALCOs or they may not. After all they kept the two C420s out on the Little Rock & Western when they acquired Rail Management Corporation.

A good Ohio Central roster:

http://www.thedieselshop.us/OHCR.HTML

They have:
C424
C420
RS18
2 S2s
S4 - says retired
RS3
T6

Recent information suggests that the G&W purchased the Ohio Central companies but not the motive power. As such any and all OHCR motive power is still under ownership of Mr. J (to the third power.)

I thought that only applied to the steamers?

Leo_Ames wrote:I thought that only applied to the steamers?

It applies to all motive power.

John Mech reported on another board that all the Alcos are for sale. $65-$70k each.

I'm not sure about how "valuable" those locos are, as scrap. The spot market today (11-01-08) shows culled railroad scrap metal at $222.80 per ton/bulk. This is over 40% off where it was only 6 months ago. The trends are showing all metals in decline, excluding Platinum and Palladium. Just a thought.

Golden-Arm---
Thanks for the "reality check"! ... I assume "culled" means after the locomotive is disassembled. So to estimate the scrap value of a locomotive you'd
----multiply the price of scrap by the weight (that's the easy part, and leaves you in the $30K ballpark)
----subtract the costs of taking it apart
----but ADD the value of high-value components that would get culled before the rest goes to the scrap-metal dealer????

Is that about right or did I misunderstand?

^^Most of the Alcos are in service!! They are not scrap.

One Alco has been sold (C420 # 7220) and 2 others have sales pending.