Quote:

GWRR
For much of its first century, Genesee & Wyoming was a 14-mile railroad serving a single customer in upstate New York. The company has since grown to be a leading owner and operator of short line and regional freight railroads serving more than 800 customers over nearly 10,000 miles of track in five countries.
1899
The original 14-mile railroad is purchased out of bankruptcy by Edward L. Fuller and his financial partners to transport salt from their mine in Western New York State. The mine in Retsof, N.Y., would become the largest producing rock salt mine in the world, and the company became the International Salt Corporation. The railroad, renamed the Genesee and Wyoming Railroad Company (GWRR), continues as a separate, independent business.

1977
Mortimer B. Fuller III, great grandson of Edward L. Fuller, purchases a controlling interest in GWRR – still a 14-mile railroad serving principally one customer.

A holding company, Genesee & Wyoming Industries, is formed and the GWRR merged into it to facilitate diversification of the business. The company enters the rail car leasing and management business primarily focused on covered hoppers to serve the salt industry.


Full history here: [www.gwrr.com]