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Stockton switching to fortnightly to counter 'doubling' EfW gate fees letsrecycle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from letsrecycle.com Daily Mail and Mail on Sunday newspapers.
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Disappointment as 'vital infrastructure project' misses out on Government carbon capture and storage investment gazettelive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazettelive.co.uk Daily Mail and Mail on Sunday newspapers.
IAIS operates in the agro-industrial heartland of the U.S. Its main line runs between Chicago and Omaha, with a branch line to Peoria, connecting with each of North America’s seven Class I railroads, a number of short line railroads, and the Mississippi and Illinois River systems. IAIS’ customer base includes agriculture, construction, and consumer products. Key commodities transported include corn, soybeans, agricultural products such as ethanol and animal feed, construction stone, steel, sand and intermodal containers. IAIS was formed in 1984, with RDC acquiring a minority interest in 1991 and 100% ownership since 2004. Henry Posner III “Recognized as a leader in safety and growth, IAIS’ location and independence provide competitive options for its customers, and the railroad serves an important role in industrial development for its territory,” said RDC and IAIS Chairman Henry Posner III. “RDC’s business model is based on partnerships, a model that originates from the business acumen of my father, Henry Posner Jr. In this case, we are fortunate to have found a partner that shares our culture. Together, we are well-positioned to advance the interests of the customers and communities we serve, and the interests of our industry as part of one of the world’s great network businesses. IAIS will now increasingly serve as a platform for growth. This can take many forms, ranging from partnerships with other railroad companies to industrial development and investment in infrastructure such as intermodal facilities and river ports. We see in iCON a partner with a global reach and a focus on infrastructure, with resources that complement our own. We welcome iCON as a partner and appreciate this vote of confidence in our quest to earn the position of the most respected railway company in North America.”
RDC, iCON Form IAIS Partnership Written by William C. Vantuono, Editor-in-Chief Railroad Development Corp., the Pittsburgh-based railway investment and management company with interests in railways and related businesses in the Americas and Europe, on Dec. 31, 2020 entered into a strategic partnership with iCON Infrastructure LLC, an independent investment firm focused on investments in core infrastructure businesses across North America and Europe. iCON Infrastructure Partners V will acquire a 40% stake in Class II Iowa Interstate Railroad (IAIS). RDC will remain majority owner of IAIS and together with iCON V “will continue to support its strong management team and dedicated workforce in providing best-in-class service to IAIS’ diverse customer base.”
Three firms battling to win £2bn waste to energy plant contract near Redcar One of of the firms will be chosen to design, build and operate the plant which will be built near Redcar and take household waste from seven North-East councils 09:14, 15 DEC 2020 Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Three firms are in the running to win a contract to operate a huge new energy plant which will take household waste from seven North-East councils.
hree firms battling to win £2bn household waste to energy plant contract THREE firms are in the running to win a contract to operate a huge new energy plant which will take household waste from seven North-East councils. The plant, which is expected to be built on a 25 acre site near Redcar, will take up to 450,000 tonnes of solid waste a year which cannot be recycled, diverting it from landfill, and creating renewable energy and heat from it. The five Tees Valley councils – Darlington, Hartlepool, Middlesbrough, Redcar and Cleveland and Stockton, along with Durham County Council and Newcastle City Council have joined together to create an opportunity for a contractor to design, build, operate and finance the energy recovery facility.