The Company was founded in New Ross in 1935. It first focused on railway installation, railway repairs and the production of small locomotives, primarily shunting but could do light goods and passengers trains. It is run by the Smith family which is worth 35 billion from their construction companies but the main company by far is New Ross and Bicester Transit company also know as New Ross and Bicester railway company. Now in 2024 the company and it's owners are worth 34 billion. The Company in 1956 bought a few islands and land from the Argentine government which they built a town and a few small villages to support the company. In 1982 during the Falkland wars it joined the British Government by removing most of its railway network in mainland  Argentina expect three lines one to Chile, one to Brazil and one to the Captial. It then became a part of the UK in 1985 after striking a deal after making the head of state the Queen. The Company is still located on the islands but they are located in Bicester, New Ross, London, Glasgow, Belfast, Brussels, Kyoto, Tokyo, Hong Kong, Macau, Kenya, Singapore and Malaysia. The company comprises of Warehouses, factories, farms/plantationd, office buildings, shops, railways, airstrips and dockyards.