The Steam Railroading Institute is located at 405 South Washington Street, Owosso, Michigan. It was founded in 1969 as the Michigan State University (MSU) Railroad Club. It became the Michigan State Trust for Railway Preservation, and later adopted its present name. The Steam Railroading Institute is an organization dedicated to the preservation, restoration, and operation of historical railroad equipment and items. It operates a heritage railroad which offers occasional passenger excursion trains using steam locomotives: ex-Pere Marquette 1225 and Chicago and North Western Railway 175.