Walker approves freight loans

Gov. Scott Walker today announced the allocation of four state loans totaling $7.6 million to improve freight rail infrastructure in the state.

The Wisconsin Department of Transportation (WisDOT) is administering the awards through its Freight Railroad Infrastructure Improvement Program (FRIIP).

The loans include a $1.5 million loan to Farm City Elevator Inc. in Darien, a village in Walworth County. The loan covers the total project cost to build a 765,000 bushel grain storage bin at the facility, previously owned by Zenda Grain LLC. This is the fifth consecutive year the site has received a FRIIP loan.

The facility is located on a rail line served by Wisconsin and Southern Railroad Company, on right of way owned by the State of Wisconsin and the Wisconsin River Rail Transit Commission. “Farm City Elevator continues to take advantage of this location near the Chicago grain markets. The additional storage bin is expected to increase the market for wheat, corn and soy beans, and enhance the southeast Wisconsin farming economy,” the DOT said.

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