DENVER – OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group, reports the Stockton Terminal and Eastern Railroad (STE) was awarded a grant by the San Joaquin Valley Unified Air Pollution Central District (UAPCD) for the purchase of a new locomotive. Under the grant program, the UAPCD is providing cash incentives for the purchase of the new environment-friendly locomotive, which will be purchased by the end of 2018, for use within the district.
“We appreciate the partnership with the San Joaquin Valley Unified Air Pollution Central District and the effort they are making to provide incentives to area businesses supporting their vision of improving the quality of life in the communities it serves. These public-private relationships drive mutually beneficial activities that can dramatically improve our society,” said Kevin Shuba, CEO of OmniTRAX.
The grant is part of the UAPCD’s Locomotive Program, which provides incentive funds for the replacement of older locomotives with new, energy efficient models. It is one of several voluntary incentive programs targeted at reducing emissions throughout the Valley that the District administers.
“The District is committed to bringing significant incentive dollars to the Valley, especially in disadvantaged communities such as those around the Stockton Rail Terminal and Eastern Railroad. These are the types of private/public partnerships that are vital in improving air quality and public health throughout the Valley,” said Seyed Sadredin, Executive Director/APCO of the San Joaquin Valley Unified Air Pollution Central District.
The new locomotive is a KLW SE10B T4L unit built by Knoxville Locomotive Works in Knoxville, TN. The engine is EPA Tier-4 compliant delivering 1050 HP from an MTU 2000 V12 prime mover.
About The San Joaquin Valley Air Pollution Control District
The San Joaquin Valley Air Pollution Control District is made up of eight counties in California’s Central Valley: San Joaquin, Stanislaus, Merced, Madera, Fresno, Kings, Tulare and the San Joaquin Valley Air Basin portion of Kern. The Valley Air District is governed by a fifteen member Governing Board consisting of representatives from the Board of Supervisors of all eight counties, one Health and Science member, appointed by the Governor, one Physician, appointed by the Governor and five Valley city representatives. More information is available at http://www.valleyair.org/.
About OmniTRAX, Inc.
As one of North America’s largest private railroad and transportation management companies, OmniTRAX’s core capabilities range from providing management services to railroad and port services and to intermodal and industrial switching operations. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at www.omnitrax.com.
About The Broe Group
The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion dollar asset base. The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and one of the largest operators of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.