Northside Elevator's New Stanley Facility Receives Railroad Grant/Loan

Tuesday, September 27th, 2022 -- 1:00 PM

Gov. Tony Evers, together with the Wisconsin Department of Transportation, announced nearly $8 million in grants and loans for five freight rail improvement projects across the state.

The projects will lengthen rail spurs, install conveyance equipment, and increase storage capacity at Wisconsin facilities. Freight Railroad Preservation Program grants contribute up to 80 percent of project costs to help preserve freight rail service or rehabilitate track on publicly owned rail lines.

The state’s Freight Railroad Infrastructure Improvement Program is a revolving loan program used to improve rail infrastructure and construct new rail-served facilities. One local recipient of the FRPP grant and FRIIP loan include Northside Elevator in Stanley.

A $3 million FRIIP loan to construct 6,878 feet of track for a new rail-served agronomy and feed terminal in Stanley on Canadian National Railway’s Minneapolis Subdivision.

This project will be the first phase of a multi-phase, multi-year buildout of the site. If construction is completed in 2022, 650 carloads of potash, gypsum, canola meal, soda, corn gluten, and other feed and agronomy commodities are forecast to be inbound per year to the facility by 2025.

This is the company’s first time applying for FRIIP funding.

Feel free to contact us with questions and/or comments.