Kansas City Southern (KCS), Watco Companies, LLC (Watco) and WTC Industrial (WTC), announced a joint venture investment which will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The project will include the construction of a unit train liquid fuels terminal located in the WTC Industrial Park in San Luis Potosi. The facility will be solely rail served by Kansas City Southern de Mexico (KCSM). The joint venture comes as a direct result of energy reform legislation passed in Mexico in 2013. The joint venture partners will invest approximately USD 45 million in this phase of the project, which has an anticipated completion in the second quarter of 2017. It is projected that the terminal project will eventually include a storage facility that would provide retail fuels for the population of Central Mexico.