Emergency (24/7) US: 800.311.6851 | Canada: 866.940.7774

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Emergency (24/7) US: 800.311.6851
Canada: 866.940.7774

New Owner of MMA Railway Vows Safer, More Profitable Service

September 10, 2014

BANGOR, Maine - The new owner of the former Montreal, Maine and Atlantic Railway is vowing to run a profitable, efficient and safe railroad by 2015. Fortress Investment Group paid $15 million to acquire the track and other assets, after the Lac Megantic disaster drove the MMA into bankruptcy. Key Maine industries have a lot at stake in the new company and its leader, John Giles.