LRG Capital Group Announces Financing of Brazilian Transport Corporation
Larkspur, CALIF, March 2, 2010--LRG Capital Group announced today that it has been engaged by Brazilian railroad transportation company, Forroeste to finance a $70 million dollar purchase of additional locomotives and railcars to add to their current fleet. The equipment will be purchased from Relco Locomotives, Inc., a 45+ year old firm headquartered in Lisle, Illinois. Relco was awarded the contract in a competitive bid late last year.
Forroeste, a railroad transportation corporation located in Curitiba, Brazil transports grains from the heavy agricultural regions of West Parana, Brazil to local ports for export. This purchase will significantly increase their capacity to service their clients during the harvest seasons. Jay Chapler, Director of Emerging Markets for LRG Capital Group said that LRG is pleased to be working with Forroeste and Relco is looking forward to a long-term relationship and to provide further financial support for their respective activities.

