Lake State Railway

Rail, Bus & Taxi · Michigan, United States · 51-200 Employees

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Overview

Headquarters

750 N Washington Ave, Saginaw, Michigan,...

Phone Number

(989) 393-9800

Revenue

$44.1 Million

Industry

Rail, Bus & Taxi Transportation Freight & Logistics Services
ZI Rank: 3
Signal Type
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ZI Rank
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About Lake State Railway

Lake State Railway Company was created by the vision of the late Jim George in 1992 when he acquired the railroad lines previously operated by Detroit & Mackinac Railway Company (D&M). His passion for expanding the railroad and providing exceptional freight transportation services is what brought these lines from being nearly abandoned, to being a successful railroad. In 2005, LSRC acquired rail property from CSX in the Saginaw, Michigan area. These lines were operated under the name Saginaw Bay Southern Railway (SBS) until January 2012, when LSRC merged these two companies together under the name Lake State Railway Company. In April 2012, SBS interchanges and railroad accounting practices were converted to LSRC, completing the consolidation. Consistent investment in rail infrastructure, equipment and facilities has positioned LSRC to continue to expand its' business. To drive this continuous improvement, LSRC has developed a rolling five-year track maintenance and improvement plan. GrRead more
Lake State Railway's Social MediaPopular SearchesLake State Railway CoLake State RailwaySaginaw Bay Southern Railway CoBay Southern RailwayLsrcSIC Code 40,401NAICS Code 48,482Show more

Lake State Railway Org Chart

MS
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President & Chief Executive Officer

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Kevin Mitrzyk, Chief Financial Officer at Lake State Railway
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Chief Financial Officer

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Executive Vice President & Chief Operating Of...

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Controller

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Lake State Railway

$44.1M
51-200
Private
<$5M
1992
MS
Michael StickelPresident & CEO
$48.7M
51-200
Private
<$5M
1996
$18.2M
51-200
Private
<$5M
1994
RP
Richard PriceGeneral Manager
$10.7M
51-200
Private
-
2017
N/A
$9.7M
11-50
Private
-
-
GG
Gala GarciaAccount Executive
$6.4M
11-50
Private
-
2011
N/A
$5.7M
51-200
Private
<$5M
1982
JP
Janine PowersPresident & CEO
Illustration of an envelope

Company Profile Activity

i

Among all Transportation companies

Low Activity

High Activity

Activity Insights

Lake State Railway is experiencing very low activity levels compared to other companies in the Transportation sector.

What does this means?

Lake State Railway is drawing exceptional interest within the Transportation industry, suggesting notable developments or strong market momentum, learn more about Lake State Railway.

Lake State Railway financials insights

Gather financial insights about Lake State Railway, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$1M

See All Lake State Railway's Financials Insights

Lake State Railway Tech Stack

A closer look at the technologies used by Lake State Railway

Most Recent Scoops

Project
Lake State Railway is considering the purchase of solutions related to authoring and publishing such as Canva, Lucidchart.
Digital Marketing, Spending/Investment, Content Management
Executive Move
Executive Moves, Board of Directors
Promotion
Executive Move
Executive Moves, Promotion
New Hire
Executive Move
Executive Moves, New Hire
Promotion
Executive Move
Executive Moves, Promotion
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Lake State Railway News & Media

  • Lake State Railway leadership changes see Stickel named CEO - Trains Magazine

    SAGINAW, Mich. — Mike Stickel will become president and CEO of Lake State Railway, and current president and CEO John Rickoff will become chairman of the board of directors, as part of leadership changes announced today (June 18) by the Michigan-based regional railroad. The changes are effective July 15. Stickel is currently executive vice president and chief operating officer; that role
Read more news

Top Rail, Bus & Taxi Companies

Frequently Asked Questions Regarding Lake State Railway

What is Lake State Railway's official website?
Lake State Railway's official website is www.lsrc.com
What is Lake State Railway's Revenue?
Lake State Railway's revenue is $44.1 Million
What is Lake State Railway's SIC code?
Lake State Railway's SIC: 40,401
What is Lake State Railway's NAICS code?
Lake State Railway's NAICS: 48,482
How many employees does Lake State Railway have?
Lake State Railway has 51-200 employees
What industry does Lake State Railway belong to?
Lake State Railway is in the industry of: Rail, Bus & Taxi, Transportation, Freight & Logistics Services
What is Lake State Railway competition?
Lake State Railway top competitors include: LGV Limousines, Able's SUV Limousine Service, Vipexecucar, ALLSTAR Chauffeured Services
What technology does Lake State Railway use?
Some of the popular technologies that Lake State Railway uses are: WooCommerce, WordPress.org, PHP, Google Font API
Who is the CFO of Lake State Railway?
Lake State Railway's CFO is Kevin Mitrzyk
How do I contact Lake State Railway?
Lake State Railway contact info: Phone number: (989) 393-9800 Website: www.lsrc.com
What does Lake State Railway do?

Lake State Railway Company was created by the vision of the late Jim George in 1992 when he acquired the railroad lines previously operated by Detroit & Mackinac Railway Company (D&M). His passion for expanding the railroad and providing exceptional freight transportation services is what brought these lines from being nearly abandoned, to being a... successful railroad. In 2005, LSRC acquired rail property from CSX in the Saginaw, Michigan area. These lines were operated under the name Saginaw Bay Southern Railway (SBS) until January 2012, when LSRC merged these two companies together under the name Lake State Railway Company. In April 2012, SBS interchanges and railroad accounting practices were converted to LSRC, completing the consolidation. Consistent investment in rail infrastructure, equipment and facilities has positioned LSRC to continue to expand its' business. To drive this continuous improvement, LSRC has developed a rolling five-year track maintenance and improvement plan. Grain, fertilizer, coal, chemicals, aggregates, cement, steel, and scrap metal are just a few of the commodities that are transported along the lines. LSRC continues to be a consistently profitable railroad and shows a high priority to maintaining and improving its' rail infrastructure. LSRC strives to maintain a proactive position towards safe operations.Read More

What are Lake State Railway social media links?
Lake State Railway Linkedin page Lake State Railway Twitter page Lake State Railway Facebook page
Who invested in Lake State Railway?
Lake State Railway has 2 investors including Antin Infrastructure Partners and PPP.
Is Lake State Railway a public company?
Lake State Railway is private company therefore does not currently have an official ticker symbol
See more information about Lake State Railway

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