Slaton, Texas — According to state and local development sources, TTX plans to invest $7,227,652.00 to build out 83,500 square feet of new space in Slaton. The company plans to occupy the new space at 1500 S. 2nd Street in Slaton, on or about March 1, 2027. According to the company website Since 1955, TTX has been a unique and creative provider to the rail industry. Throughout the United States, Canada and Mexico, the signature yellow cars of TTX Company move along North Americas railroads carrying containers, trailers, automobiles, lumber, steel, paper and a long list of other goods and raw materials that consumers and companies rely on every day. TTX is a railcar pooling company. Founded as Trailer Train in 1955 by the Pennsylvania Railroad, the subsidiary invested in a new technology flatcars that would haul highway trailers. More rail carriers soon bought stock as well, and in 1974 they proposed to establish the distribution principles under a pooling agreement approved by the federal Interstate Commerce Commission (ICC). Pooling means that railroads share the railcars bringing several benefits. First, railroads have the flexibility to respond to changing market conditions because the fleet is already established. Second, they do not have to waste resources switching out and returning empty railcars, eliminating supply chain inefficiencies. Third, the capital burden on railroads is reduced because TTX buys the cars, lowering operating costs, and reducing the industrys risk. All of these help keep the railroads competitive to the benefit of the shipping public. Our right-sized, low cost, reliable fleet of over 177,000 railcars serves North Americas railroads and the worlds freight needs. TTX helps railroads meet their customers needs by providing, tracking and maintaining railcars in an efficient, pooled environment, investing over $13 billion in additional railcars, since 2000.

To learn more, visit https://www.ttx.com/

Company Contact:
TTX
2151 Hawkins Street Suite 1500
Charlotte, NC28203
Phone: 980-980-1054
LinkedIn Link: https://www.linkedin.com/company/ttx-company/

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