
The company is investing more than $55 million to acquire and improve the property and will employ approximately 100 people at this site once it is operational.
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The sale has a purchase price of $164 million. The companies expect the transaction to close before the end of 2026, subject to customary conditions and regulatory approvals.
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Following its 2024 acquisition, ENC is upgrading operations, expanding capacity, and aligning its approach to meet agency demand for reliability and on-time delivery. METRO spoke to John Obert, vice president of transit sales, to find out more.
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The plan represents an increase of just 1.9% over the current year, and includes investments in new buses, more full-length fare gates, and other enhancements for customers.
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Essential strategies to strengthen your business before entering a private equity transaction.
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The board authorized a five-year contract, with two one-year options, to Tolar Manufacturing Company Inc., for the fabrication and installation of upgraded passenger amenities at bus stops across the DART Service Area.
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A portion of this fleet investment was recently recognized during UMA EXPO 2026, where Croswell Bus Lines was presented with a commemorative $1.8 million check highlighting the company’s continued investment in its fleet and partnership with ABC.
Read More →Why it's time for public transit agencies to shift focus from the size of their budgets to how effectively those funds drive service on the street.
Read More →Much is being said and written about the uncertainty in Washington, DC. What we know to be certain is that yesteryear’s argument of “give us more money and we will make it better” will unlikely carry the day.
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The improvements that TriMet is considering for FY 23 would take effect in the fall of 2022 and spring of 2023.
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