Watco announced on March 6 that it was acquiring Michigan’s Great Lakes Central Railroad. Based out of Owosso, Mich., Great Lakes Central operates approximately 400 miles of track in central and northern Michigan, including parts of the former Pennsylvania, New York Central, Grand Trunk Western, Pere Marquette, and Ann Arbor. 

The transaction must be approved by the U.S. Surface Transportation Board. Watco has been an equity investor in Great Lakes Central since 2013. 

“The Great Lakes Central Railroad has been a vital part of Michigan’s transportation network and both my father, Louis P. Ferris, Jr., and I have been deeply passionate about its role in connecting industries and communities,” said Jennifer Ferris, President and CEO of the Great Lakes Central Railroad. “Thanks to our tremendous team, GLC has experienced remarkable growth over the years, strengthening our service and expanding our capabilities. With Watco as a long-time partner since 2013, we are confident they will honor the legacy we have built while continuing to serve Michigan’s industries and communities with the same dedication and excellence.”

Great Lakes Central already interchanges with Watco’s Ann Arbor.

“We are committed to honoring the history of the GLC and building upon our strong partnership with the Michigan Department of Transportation and our valued customers,” said Watco CEO Dan Smith. “This acquisition allows us to further support and grow our Michigan customer base, and we look forward to continuing the legacy of excellence that the Ferris family has established.” —Justin Franz