For discussion of the various Class III Lines of WATCO Companies. Class II holdings should be discussed in the relevant separate forums above.

Their website is here:
A list of their holdings is here:
  by Jeff Smith
Progressive Railroading

Is this the same Ann Arbor taken over by ConRail in 1976?
Watco to acquire Ann Arbor Railroad

Watco Cos. L.L.C. subsidiary Watco Railroad Co. Holdings Inc. recently reached an agreement to purchase the stock of Ann Arbor Railroad Inc.


The 50-mile Ann Arbor Railroad serves customers in southeastern Michigan and Toledo, Ohio. The short line operates automotive terminals in the Toledo area focused on loading vehicles for Chrysler, General Motors and Ford, and interchanges with CN, CSX Transportation, Norfolk Southern Railway, Great Lakes Central Railroad, the Indiana & Ohio Railway and Wheeling & Lake Erie Railway Co.