Scrap Metal Services
When a prior partnership ended, Fulcrum established a new railroad entity and designation—enabling a strategic pivot that preserved property value through the transition of ownership.
Scrap Metal Services had long relied on Indiana Harbor Belt to claim its site as part of the railroad’s operating property—a relationship that carried valuable tax advantages. When that partnership came to an end, the company needed a new path forward.
Fulcrum stepped in to structure a new railroad entity and secure STB designation for the site. While the property changed hands shortly after and the new owner didn’t move forward with operations, the designation remained intact—preserving long-term value and positioning the site for future use. The process was smooth, even amid ownership transition, demonstrating how the right strategy can deliver lasting impact.
A free 30‑minute live webinar reveals how one simple re‑designation can cut your property tax bill by 50–85 % and lock in savings for decades.
We bring decades of experience in trans-state and continental taxation issues, in particular when it comes to how railroad owners are taxed in various classes of transportable goods.
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