Fort Worth, Texas – North American Rail Solutions (“NARS”), a portfolio company of DFW Capital Partners, is pleased to announce a merger with Grace Railroad Contractors (Grace) as part of our newly established Class 1 Division in the US.
Headquartered in Pine Bluff, AR, Grace is a leading provider of outsourced rail support services to the Class I, shortline, and industrial rail sector in the United States. Their services include track construction and maintenance, switching, derailment and other associated rail services. Dustin Grace will continue to lead Grace Railroad Contractors and will report to Zach Ainsworth, our newly appointed President and COO of Class 1 Services in the USA. All Grace operations and employees will remain in place. www.GraceRailroad.com
Tom Lucario, President and CEO of North American Rail Solutions, commented: “The addition of Grace to our Class 1 Services Division adds increased regional capabilities to an already strong group of operators. While primarily focused on class 1 operations, they also have strong industrial and shortline support capabilities. We are excited to add them to the team”.
Dustin Grace added, “We are looking forward to joining the NARS team, working with Zach Ainsworth and Tom Lucario. It is exciting to become part of the largest provider of rail services in North America, and we know we can help the business continue to grow in our current region and beyond.”
North American Rail Solutions
In 2021, DFW Capital Partners partnered with the management team of American Track through acquisition and established the parent company, North American Rail Solutions. Now operating from 45+ offices strategically located in the U.S. and Canada, North American Rail Solutions provides mission-critical services to its customers that ensure the safety, compliance, and operability of onsite railway assets. North American Rail Solutions serves a wide range of industries, including manufacturing, petrochemical, mining, agricultural products, food and beverage, basic raw materials, ports, transload facilities, transit, Class 1 and short-line railroads. www.northamericanrailsolutions.com