Georgetown Rail Equipment Company Explained

Georgetown Rail Equipment Company (GREX)
Type:Private
Foundation:Texas, United States
Location City:111 Cooperative Way, Suite 100, Georgetown, Texas
Key People:William C. "Wiggie" Shell, President & CEO
H. Lynn Turner, VP Marketing and Sales
Nate Bachman, VP Operations
Greg Grissom, VP Engineering
Founder:Ned Snead
Industry:Railroad
Parent:Loram Maintenance of Way (Since 2018)
Homepage:http://www.georgetownrail.com

The Georgetown Rail Equipment Company (GREX) is a provider of railway maintenance equipment and related services based in Georgetown, Texas. The company was founded in 1993 and is often referred to using the abbreviation GREX, also used for its logotype.

History

The Snead family founded several businesses in Georgetown, Texas, including the limestone quarry Texas Crushed Stone and a railroad. Edwin Brazelton Snead founded the quarry in the 1940s, and then the railroad with his sons Ned and Bill to haul the limestone from Georgetown to Austin. Ned Snead founded the Georgetown Rail Equipment Company in 1993.[1]

In February 2018, Loram Maintenance of Way acquired and merged with GREX.[2] In December 2020, GREX was rebranded and started to operate under the brand name Loram Technologies Inc.[3]

Namesakes

GREX is not related to the neighboring Georgetown Railroad nor the Georgetown line in Ontario, Canada.

Products

External links

Notes and References

  1. Mischa Wanek-Libman, GREX historic railcar honors founder’s family, Railwayage.com, 1 February 2018
  2. Mischa Wanek-Libman, Loram to acquire Georgetown Rail Equipment Company, Railjournal.com, 6 February 2018
  3. David C. Lester, Georgetown Rail Equipment Company (GREX) starts doing business as Loram Technologies, Inc., Rtands.com,9 December 2020