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  September 5, 2001
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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Pittsburgh & West Virginia Railroad

Pittsburgh & West Virginia Railroad
AMEX: PW
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 PROFILE
Pittsburgh & West Virginia Railroad owns railroad properties such as track and equipment leased by Norfolk and Western Railway Company. Its 112 miles of main-line track extend from Pittsburgh Junction, Ohio, through parts of West Virginia to Connellsville, Pennsylvania. Lease properties also include approximately 20 miles of branch lines and other assets used in the operation of the railroad, such as real estate, machinery and equipment (except for locomotives and rail cars), and supplies. Norfolk and Western maintains and manages the properties. Pittsburgh & West Virginia Railroad receives $915,000 rent per year, an amount that is fixed for the duration of the lease, which expires in the year 2063.

 COMPETITION
CSX Corporation (CSX)
Conrail Inc. (dossier)
Emons Transportation Group, Inc. (EMON)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.90
1-Yr. Sales Growth: 0.0%
Employees: 1
Revenue per employee: $900,000.00

 KEY PEOPLE
• Charles T. Jones
    CEO
• Robert A. Hamstead
    CFO

 CONTACT INFO
2 Port Amherst Dr.
Charleston, WV 25306
US
Phone: 304-926-1124
Fax: 304-926-1136

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