|
|
Article: DM&E: Plan isn't dead, or even derailed.
- Article from:
- Post-Bulletin (Rochester, MN)
- Article date:
- June 14, 2007
CopyrightCOPYRIGHT 2007 Post-Bulletin. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Jeffrey Pieters
Jun. 14--In case you thought the Dakota, Minnesota & Eastern Railroad project was dead and off Austin and Rochester's radar screens, here are two words for you:
It's baa-aack.
Kevin Schieffer, the railroad's president and CEO, would neither confirm nor deny a Trains magazine report that DM&E is taking bids from outside investors -- including three other railroads -- to help finance its proposed $6 billion upgrade and expansion.
But Schieffer did say it would be foolish to bet against the project coming to fruition.
"This is a project that makes too much sense not to happen," he said. "Nothing that has ...