Railroad: Tuscola and Saginaw Bay Railway Company
State of Michigan (former AA, Penn Central) → Tuscola & Saginaw Bay Ry. → Great Lakes Central
Built: 1977 - to operate a railroad owned by the State of Michigan (former AARR and Penn Central lines)
Sold: - to Great Lakes Central Railroad.
The Tuscola and Saginaw Bay railroad (known as the "Tisbee") operated trackage leased from the State of Michigan in the 1980's and 1990's. This included the former Ann Arbor railroad north of Ann Arbor to Frankfort/Elberta, and some former Michigan Central trackage in the Vasser area of the thumb. The Ann Arbor trackage became the Great Lakes Central railroad and the Vasser area was turned over to the Huron & Eastern.