Thomas Lucario
Fort Worth-based North American Rail Solutions, through its subsidiary, American Track, has acquired Vancouver, Washington-based West Rail Construction. The deal provides North American Rail Solutions the opportunity to expand local presence and service offerings to customers in the Northwest region as well as other areas along the West Coast.
North American Rail Solutions is the largest provider of industrial rail inspection, construction, maintenance, and terminal services in North America. Terms of the acquisition were not disclosed.
West Rail Construction, led by President Mike Sands, has been a key provider of rail maintenance and construction services in the Northwest U.S. for more than 25 years. West Rail provides services to customers in a wide range of industries including ports, forestry, chemicals, energy, waste, and more.
“The Northwest United States is an important territory for American Track and West Rail Construction is the premier rail service provider and operator in that geography,” Thomas Lucario, CEO of North American Rail Solutions, said in a statement. “We could not be more excited to add Mike Sands and his team to the American Track family. We are certain that West Rail will help American Track grow and further our goals of expanding national coverage capabilities for our multi-site customers.”
Sands said the deal would be good for West Rail’s growth.
“We’re happy to join the American Track team,” Sands said. “American Track will provide our operations with an essential injection of capital, operational support and reach needed to take our business to the next level. This is the right thing for us and our employees to provide the growth trajectory we were looking for in the Northwest.”
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