MYRTLE BEACH, S.C. (AP) A Kentucky company is buying a closed railroad company that operated a line between Myrtle Beach and Whiteville, North Carolina.
The Sun News of Myrtle Beach reported that Carolina Southern Railroad and R.J. Corman Railroad have agreed to complete the $14 million sale by August.
It’s been nearly four years since Carolina Southern halted operations because of structural problems with some bridges on the 80-mile line.
R.J. Corman Vice President Bill Henderson says the company is excited to restore the service in the Carolinas.
An agreement for the sale was signed last year between Carolina Southern owner Ken Pippin and a commission representing Horry County, South Carolina, and Columbus County, North Carolina.
Henderson said R.J. Corman sees the potential for forestry products and agriculture products to use the rail.