Province invests in North Bay factory for concrete railroad ties

The Government of Ontario is investing $1 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to help RailOne Rainbow Canada Corp. build a new concrete railroad tie factory in North Bay to meet market demand.

“Our government is proud to support the establishment of the RailOne factory, creating good-paying jobs and producing Ontario-made products for rail systems across the province, and beyond,” said George Pirie, Minister of Northern Economic Development and Growth.

RailOne, a joint venture created to manufacture concrete railroad ties in Canada, is using NOHFC funding to refurbish an existing building, purchase manufacturing equipment and conduct marketing activities. T

“RailOne is bringing 70 years of concrete technology for railway tracks from Germany to Canada. They’re developing a robust Canadian railway supply chain for passenger transit, high speed rail and heavy haul logistics,” said Saurav Mittal, CEO, RailOne Rainbow Canada Corp.

Featured image: (Government of Ontario)