Farmrail System, Inc. is an employee-owned holding company for two Class III common-carrier railroads comprising "Western Okl ... ahoma’s Regional Railroad." Farmrail Corporation (FMRC) has acted since 1981 as a lessee-operator for Oklahoma Department of Transportation, managing an 82-mile east-west line between Weatherford and Erick. An additional 89 miles, Westhom-Elmer, was purchased from the state in 2013 after 20 years of operation under lease. Another wholly owned affiliate, Grainbelt Corporation (GNBC), was formed in 1987 to purchase from Burlington Northern Railroad Company 178 miles of line linking Enid and Frederick. The parent company also has a joint-venture interest in New York’s Finger Lakes Railway Corp. (FGLK). read more