North Central Railcorp, Inc. was formed and incorporated as a short line railroad holding company. It is management’s goal to manage and/or acquire short line freight railroads, industrial switching operations and tourist/entertainment railroads primarily located in the Midwest and Central Plains States region of the United States. NCR also provides railroad industry consulting services.
Meet the Management Team

Tim Tennant serves as the company’s President/CEO and member of its Board of Directors. He has a degree in Transportation/Logistics Management and brings forty-one years of industrial transportation/logistics, short line railroad and tourist railway management expertise to the organization.
Mr. Tennant has worked for such corporations as Speed Queen Company, Pope & Talbot, Inc. and Champion International Corp where he was part of a $500 million Greenfield pulp mill start-up in Upper Michigan. He has also served in the role as President & General Manager for short line railroad properties totaling approximately 350 miles in the states of Wisconsin, Minnesota and South Dakota.
These short line operations transported commodities such as wood products, clay, fertilizers, waste oil, corn, soybeans, wheat, dried distillers’ grain and ethanol. During management of these railroads, Mr. Tennant worked with operating and marketing personnel of connecting carriers which included BNSF, Union Pacific and Wisconsin Central. Tim has experience and is versed in various areas of rail transportation and industrial sector logistics.
Mr. Tennant has also spent time in tourist railway management where he has served as Vice-President & General Manager of the 64-mile Cumbres & Toltec Scenic Railroad located in Southern Colorado and Northern New Mexico. Further, he has served as President/CEO of the 2,500-member Friends of the Cumbres & Toltec Scenic Railroad where he managed a $1.3 million rebuild of historic D&RGW steam locomotive #463 to fully operational status.
Since 2023 he has served as General Manager for the Santa Fe Southern Railway through the Railroad Service, Maintenance & Repair Agreement NCR has with the SFSR.

A member of the Board and Corporate Secretary is Judy Tennant. Ms. Tennant spent over twenty years at the Escanaba & Lake Superior Railroad in Upper Michigan where she held the position of Manager of Car Accounting, Drug Testing and served as Dispatcher/Relief Station Agent. Her experience entailed daily contact with ELS customers and distribution of railcars for online industry. She also administrated the company’s drug testing program for all employees.
Judy was also employed for five years with Schneider National Carriers of Green Bay, Wisconsin in their rail intermodal department. There Ms. Tennant worked with the intermodal representatives of BNSF, CSX, Norfolk Southern and Union Pacific daily pertaining to the logistics of Schneider equipment moving via these class I railroads.
