Capital Railroad Contracting, a Missouri-based railroad construction company, announced today that it will expand in Park Hills, investing $2 million and creating 45 new jobs in the state. The company’s expansion includes the construction of a new facility for its eastern region operations.
“We’re always thrilled to see Missouri-made employers expanding, creating jobs, and thriving in our state,” said Governor Mike Parson. “Our investments to strengthen our workforce and improve infrastructure continue to result in business growth statewide. We look forward to Capital Railroad Contracting’s success in Park Hills as it provides new opportunities for Missourians in the area.”
Headquartered in Columbia with a satellite facility in Joplin, Capital Railroad Contracting has 36 years of experience in railroad construction. The company specializes in projects involving railroad bridges, track construction, rail installation, crossings, and more. The company’s new Park Hills location, totaling more than 5,000 square feet, will serve as its eastern region operations to serve the rail industry.
“Capital Railroad Contracting is excited to bring our Eastern Division operations to Park Hills,” said Aaron Vollrath, President of Capital Railroad Contracting. “This area has long been a source of quality team members as well as trusted partners and clients. The location will allow growth for the company’s operations in the area. The rail service to the property brings a unique opportunity to the area that we have already begun to develop. We are excited to engage with the community and facilitate growth in the area.”
New jobs added as part of Capital Railroad Contracting’s expansion will pay an average wage well above the county average.
“Capital Railroad Contracting’s expansion is an exciting development for Park Hills and our state’s growing transportation and logistics industry,” said Michelle Hataway, Acting Director of the Department of Economic Development. “This is another example of a quality employer benefitting a key industry while helping Missourians prosper. We appreciate our partners who supported this project and helped bring new possibilities to another Missouri community.”
For this expansion, Capital Railroad Contracting will benefit from the Missouri Works Program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.
What others are saying
“We at the Park Hills - Leadington Chamber of Commerce are ecstatic that Capital Railroad Contracting has chosen to locate in Park Hills,” said Tamara Coleman, Executive Director of the Park Hills - Leadington Chamber of Commerce. “The beautiful brand-new facility is a remarkable addition to our Industrial Park, while the addition of jobs to our workforce is a much-needed economic boost. We are honored to help announce the grand opening of Capital Railroad Contracting in our city, and we look forward to helping them build a strong, professional network within our community.”
About Capital Railroad Contracting
Since 1987, Capital Railroad Contracting has completed projects involving railroad bridges, track construction, continuous welded rail installation, switch and turnout installation, crossings, and welding and tie replacement/installation. The company takes pride in its safety record, with every project considered an important part of its “track” record. Capital Railroad Contracting is a member of the National Railroad Construction and Maintenance Association (NRC) and the American Railway Engineering and Maintenance-of-Way Association (AREMA). It is also the recipient of several awards from the NRC, including a Platinum safety rating.
To learn more about Capital Railroad Contracting, visit capitalrailroad.com.
About the Missouri Department of Economic Development
The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.
For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.
About the Missouri Works Program
As the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.