Associated Press Newswires
Purchase Of Railroad Could Lure Investors To DM&E's Coal Project

…The purchase of another small railroad by the Dakota, Minnesota & Eastern Corp. could be key to luring the investors needed to pay for the DM&E's $1.5 billion expansion into Wyoming's coal beds. …"It would give them more connections, more outlets. That's strategically advantageous to the DM&E. It would give them their own access on their own line to those markets," said John Spychalski, a Penn State business logistics professor who specializes in railroads. For information on how to receive the full story, contact Steve Infanti in the Smeal College Media Relations' Office at smi3@psu.edu .

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REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu .

Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.

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