WHITEVILLE, NC (WECT) - Plans are moving forward to get the Carolina Southern Railroad operational again.
According to a news release, Kentucky-based R. J. Corman Railroad Company and current owner Ken Pippin agreed to finalize the $13.9 million sale by the first of August.
The 80-mile railroad extends from Mullins, SC to Whiteville, NC and then to Conway, SC where it connects to a line owned by Horry County, SC, reaching Myrtle Beach.
The Carolina Southern has been out of service since 2011.
"Our first step will be to more fully assess the rehabilitation that's needed. Our railroad construction team will then efficiently bring it up to our high standards," said R. J. Corman Railroad Group President & CEO Craig King in a news release. "We also will meet with area business and industry leaders and economic development representatives to identify ways our railroad can expand their markets and save costs."
R.J. Corman Railroad said it will invest millions of dollars in an extensive overhaul of the line, which will begin immediately after the acquisition is finalized. The work is expected to take at least four months to complete.