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Watco sells Mitchell-Rapid City rail authority on a bright future under its ownership

Jun. 25—OACOMA — The new owners of the railroad that runs from Mitchell to Rapid City say they're eager to grow the strength of the line in any way possible. Steve Coomes, Watco's senior vice president of rail operations, said during the Mitchell-Rapid City Authority's annual meeting on Thursday that the Kansas-based company that purchased the rail line for $13 million from the state of South . ....

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