Klamath Falls, Ore. – The Klamath County Economic Development Association successfully lobbied for funding to support several companies to expand rail infrastructure for their businesses. Nearly $5M was secured to assist Basin Fertilizer, Wilsonart and Gilchrist Forest Products to expand and improve their rail infrastructure. KCEDA CEO commented on why this is important for the basin: “Transportation plays a key role in many traded-sector operations. Companies need to
have optimal supply and distribution channels to remain competitive within their respective industries, and these capital improvements support that. Expanding the rail infrastructure for Wilsonart, Gilchrist Forest Products, and Basin Fertilizer will help our region position these companies for further growth, both now and long-term.”
According to KCEDA, the combined impact of these local expansions represents over 50 new jobs, nearly $60M in capital investment, and an estimated $1.4M in additional tax revenue to the regional economy.
