NETEX has $11M letter of intent from Sustainability Partners

The Northeast Texas Rural Rail Transportation District  announced receiving a signed letter of intent to provide $11 million in capital project funding for the development, construction and operation of the district’s “Franklin County Container Terminal” at its meeting Thursday, February 7.

Phil Davila stated that the project is currently in the facility design stage and is expected to be operational in less than 24 months. To read the rest of this story, see the February 14 edition of the Mount Vernon Optic-Herald.