
Genesee & Wyoming Acquires Georgia Southwestern Railroad
GREENWICH, Conn. — Genesee & Wyoming Inc. has acquired the Georgia Southwestern Railroad, Inc. for cash consideration of approximately $16.5 million and the assumption of $5.4 million in debt, subject to adjustment for final working capital. Headquartered in Dawson, Ga., the Georgia Southwestern operates over 220 miles of track between White Oak, Ala., and Smithville, Ga.; Cuthbert, Ga., and Bainbridge, Ga. and in and around Columbus, Ga. The Georgia Southwestern connects to GWI’s Chattahoochee Industrial Railroad in Saffold, Ga., via trackage rights. The Georgia Southwestern has 20 employees and 10 locomotives and carries approximately 10,000 carloads per year, primarily serving