Friday, January 19, 2018

R. J. Corman makes sale of RWT to RailPros

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R. J. Corman Railroad Group, LLC, announced Jan. 19 that it has completed the sale of Roadway Worker Training (RWT) to RailPros.

 

 

RailPros is a privately-held, Texas-based consulting firm focused on rail engineering, design and management. The move is part of R. J. Corman's aim to boost growth by reinvesting in its core offerings.

"RWT has, and continues to be, a robust company with a reputation for excellence," said Ed Quinn, R. J. Corman Railroad Group's president and CEO. "Their loyal customer base and innovative products and services put them in a tremendous position for the future, and I am pleased that they will be joined to a company that also has a track record of success and growth."

RailPros employs more than 400 people, operating primarily in the western and mid-western U.S. with offices in California, Texas and Utah, officials said.

RWT, based in St. Augustine, Florida, has about 100 employees and provides employee training, contract personnel for employee-in-charge and flagging services, consulting and video production.

"This opportunity provides a natural fit that will serve the rail industry, our customers, and the employees very well," said Johnny Johnson, president of RailPros Field Services. "As the largest provider of contract flagging in North America, the addition of RWT will expand our geographic footprint. RailPros operates a people-centric business, and we look forward to integrating the companies to provide an even more comprehensive suite of products and services for our clients."