Norfolk Southern said this week that during 2019 it worked with 77 businesses that opened new or expanded facilities.
NS said those businesses were located in 16 states and invested nearly $2 billion to develop 54 new and 23 expanded rail-served commercial projects
In a news release the carrier said those investments are expected to generate more than 62,300 carloads of new rail traffic annually.
The businesses included a fertilizer facility in North Carolina; a butane export plant in Virginia; a tissue manufacturing plant in Georgia; an asphalt facility in Alabama; and an auto frame warehouse in Maumee, Ohio.
NS said it works with customers and state and local economic development leaders to identify suitable rail-served sites and develop infrastructure that connects industrial development projects to its rail network.
In the past decade NS said it has participated in locating or expanding 974 industrial facilities that represent private investment of nearly $62 billion.
Tags: Economic development, Norfolk Southern, NS and economic development
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