ST. JOHN, New Brunswick – Eastern Maine Railway, a subsidiary of Canada’s J.D. Irving Ltd., has purchased 28
miles of ex-Bangor & Aroostook track from the Montreal, Maine
& Atlantic Railway. The track runs from Madawaska and Van
Buren, Maine, and includes the
international bridge that crosses the international border from Van Buren into St. Leonard. The deal
closed June 17.
Eastern Maine Railway presently operates 200 miles of
state-owned track, which Maine
purchased in 2011 after MMA announced plans to abandon the lines. The latest
acquisition will link Eastern Maine Railway’s operations and a Canadian
National line on the Canadian side of the border. The 28 miles was not included
in the original deal with the state. At the time of the original deal it was
considered viable operation since it served the Twin Rivers paper mill in
Madawaska, but since that time the mill has cut back on rail shipments. Montreal, Maine
& Atlantic Railway announced a tentative deal to sell the line in late
2011.
“It has never stopped being in discussion,” Montreal, Maine &
Atlantic Railway President Robert Grindrod tells the Bangor Daily News. “Any
time a railroad changes hands it requires government approval. It’s taken us
this long to get us through that process.”
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