Heard that the Apache may be shutting down its operations for good. Do not know if this is a rumor or if its true, but if it is true, those ALCO C420's and C424's hopefully will find home on railroads on the east Coast.
atsf sp wrote:I guess A&M and DL will be getting new stable mates possibly.I don't know.
Alcoman wrote:Now, I am getting word that the Apache RR may not shut down after all. Wonder what could change the outcome?Apparently there is an investment group that may be interested in purchasing the mill. If the mill stays open, the railroad would need to stay open as well. Cross your fingers, folks!
azcentral.com wrote:Owners of the paper-recycling mill in Snowflake plan to close the facility in Sept. 30, putting 300 people out of work, but Phoenix investors could purchase it to keep the mill and the neighboring biomass power plant running.Read more at: http://www.azcentral.com/business/artic ... -work.html
...Phoenix-based private-investment outfit Najafi Cos. is in discussion with the paper company to purchase the mill and maintain operations.
Najafi Cos. owns the biomass power plant next door, Snowflake Power, and CEO Jahm Najafi said the plant has a symbiotic relationship with Catalyst Paper.
Company executives met with employees and union representatives at the Snowflake mill and Apache Railway Company Monday, according to a news release. Catalyst Paper said it will work closely with suppliers and regulators as the site ends operations and is prepared for sale.