NS Helped 75 Customer Facilities in 2017

Norfolk Southern said this week that during 2017 it helped 75 customer facilities in locating or expanding operations along its network.

In a news release, NS said the 54 new and 21 expanded facilities owned by those customers represented an investment of $1.1 billion that is expected to create nearly 2,000 new customer jobs in the NS service area and generate more than 147,000 carloads of new rail traffic.

“The strong industrial development activity in 2017 is an indication of renewed confidence on the part of industry and consumers, as well as continued demand for freight rail service,” said Jason Reiner, assistant vice president of industrial development, in a statement. “The results include a mix of manufacturing, energy, and foreign-trade related business, and we believe we have an encouraging pipeline for growth entering the new year.”

NS said that it works with state and local economic development authorities on projects that involve site location and infrastructure to connect with the railroad’s system.

The railroad provides free and confidential facility location services, including industrial park planning, site layout, track design and supply-chain analysis.

During the past 10 years, NS said that its industrial development department has participated in the location or expansion of 922 facilities representing private investment of more than $60 billion and creating nearly 41,000 direct new customer jobs.

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: