Ironhorse Resources, Inc. and Kraus Development have entered a long-term partnership as railroad developer and operator of Gateway Rail Industrial Park, 2,000-acre master-planned facility located within Kraus Development’s Gateway Industrial Park, north of Laredo, Tex.
Gateway Industrial Park is located at the intersection of I-35 and State Highway 255 on Union Pacific’s Laredo Subdivision and just north of Canadian Pacific Kansas City’s Laredo Subdivision and the Patrick J. Ottensmeyer International Railroad Bridge. The facility “offers prime positioning for distribution centers, dry and cold storage, manufacturing, construction, energy and produce sectors” and is equipped with utilities including water, sewer, electricity and natural gas.
“This collaboration aims to enhance the region’s truck-to rail-logistics, providing seamless rail connectivity between the Mexican and U.S. markets,” Ironhorse and Kraus said. “The project will support global trade and U.S. distribution and manufacturing through Laredo, the largest U.S. port of entry for goods in 2024. This collaboration is poised to position the Gateway Rail Industrial Park as a central hub for trade and industry in one of Texas’ fastest-growing regions, offering businesses unparalleled access to transportation networks and sustainable development solutions.”
“Partnering with Kraus Development on this transformative project is a significant milestone for Ironhorse Resources,” said Matt Cundiff, President of Ironhorse Resources. “This development not only expands our footprint in Texas but also reinforces our commitment to providing top-tier rail solutions that drive economic growth and operational efficiency for our clients.”
“Ironhorse brings unparalleled expertise in rail development, operations and cross-border solutions, making them the ideal partner for our Laredo project,” stated Kurt Kraus, Founder and CEO of Kraus Development. “Their proven track record ensures that our future tenants will benefit from reliable rail service, allowing them to efficiently connect with rail and enhancing their ability to compete in the US and Global markets.”.
Ironhorse Resources, Inc. is the parent company of multiple operating and development companies managed by railroad and logistics professionals. The company operates eight Class III railroads, transload facilities and trucking companies across the U.S., accommodating customer logistics needs through a diversified set of related services.
Kraus Development is a land and commercial development company based in Laredo. With Pinnacle Industry Center, Gateway Industrial Park and Las Canteras Business Park, the company has about 4,800 acres of land in its development portfolio. Gateway Industrial Park, a 3,300-acre mixed-use industrial development, is designed to accommodate the growing needs of international trade along the border.
