Subscriber login

What you need to know for 10/19/2017

Railex to open office in downtown Schenectady


Railex to open office in downtown Schenectady

A growing transportation company with facilities in Rotterdam, California and Washington will open c

A growing transportation company with facilities in Rotterdam, California and Washington will open corporate offices on the Proctors block in downtown Schenectady, bringing 20 jobs to the city, Metroplex announced Thursday.

Railex will lease 5,000 square feet on the second floor of 411 State St., a three-story, red brick building next to the newly built Metropolitan Lofts, according to a news release issued Thursday by the Schenectady Metroplex Development Authority. The building is owned by Rotterdam developer the Galesi Group and home to the Paul Mitchell School and Migrate, an international consulting business.

Railex operates a multimodal transportation hub in the Rotterdam Corporate Park, which accepts produce and other food and beverages from major distribution centers on the West Coast and ships them out using refrigerated rail cars. But even with plans to expand that facility by 64,000 square feet and add 100 jobs, the company is growing so fast it needs to free up space at its Rotterdam facility as soon as possible. It plans to do so by moving its corporate and sales staff to Schenectady.

“The Railex business plan continues to evolve,” said Paul Esposito, the company’s executive vice president. “We feel it best as the company grows to new levels to move our sales and corporate organization directly to the city of Schenectady on State Street. Our Rotterdam facility warehouse and transportation management is expanding, and this plan allows Railex to create our footprint directly in the city of Schenectady, which has a rich history in the railroad industry.”

The company operates a national rail logistics network and recently announced it would open a new facility in Jacksonville, Fla. It also recently celebrated the shipment of its 1,000th train to the East Coast, and in total has saved 63 million gallons of diesel fuel and 1.2 million metric tons of carbon dioxide from entering the atmosphere, according to the release.

The Galesi Group, which owns the Rotterdam Corporate Park, helped bring Railex to the Capital Region by working with Metroplex and Empire State Development. It’s the company’s only location in the Northeast. It operates transportation hubs elsewhere, including central California, the Pacific Northwest and soon the Southeast.

“Downtown Schenectady is pleased to welcome Railex,” said Metroplex Chairman Ray Gillen in the release. “This company has been a great addition to Schenectady County, and we are pleased to see them grow again in our community.”

View Comments
Hide Comments
0 premium 1 premium 2 premium 3 premium 4 premium 5 premium article articles remaining SUBSCRIBE TODAY

You have reached your monthly premium content limit.

Continue to enjoy Daily Gazette premium content by becoming a subscriber.
Already a subscriber? Log In