April 3, 2008
South Barre Bizman Buys Rail Line
The owner of four South Barre companies has purchased a railroad company that links South Barre and Palmer.
John J. Pondelli Jr. bought the Massachusetts Central Railroad from Richard Close of Vancouver, Canada, the company said. Financial terms of the deal were not disclosed.
Pondelli's other companies, located at the end of the railroad line, are Wildwood Reload, North American Pellet Co. Inc., York Transportation Inc. and Convenient Wood Fuels Inc. The companies provide transportation, storage and other services for customers in New England, New York, New Jersey and eastern Pennsylvania.
The Massachusetts Central Railroad has been operating along its 25-mile track since 1979. It offers connections with Canadian Pacific Railway, New England Central Railroad, Canadian National Railway, Norfolk Southern and CSX.
John J. Pondelli Jr. bought the Massachusetts Central Railroad from Richard Close of Vancouver, Canada, the company said. Financial terms of the deal were not disclosed.
Pondelli's other companies, located at the end of the railroad line, are Wildwood Reload, North American Pellet Co. Inc., York Transportation Inc. and Convenient Wood Fuels Inc. The companies provide transportation, storage and other services for customers in New England, New York, New Jersey and eastern Pennsylvania.
The Massachusetts Central Railroad has been operating along its 25-mile track since 1979. It offers connections with Canadian Pacific Railway, New England Central Railroad, Canadian National Railway, Norfolk Southern and CSX.
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