Companies investing US$45 million in San Luis Potosi

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Kansas City Southern (KCS), Watco Companies, LLC (Watco) and WTC Industrial (WTC), are going to invest US$45 million to build a liquid fuel terminal for railway units, located at the Industrial Park WTC in San Luis Potosi. The President and Executive Director of KCS, Patrick Ottensmeyer, detailed that this joint project will increase exports of US oil products, as well as job creation, both in the U.S. and in Mexico. The project is expected to be finalized by the second trimester of 2017. The terminal is located in a free trade zone, thus offering an economic advantage for railway transporters.