Login
or
Register
Home
»
Trains Magazine
»
Forums
»
General Discussion
»
Strong Economy Feeds Industrial Development On Norfolk Southern
Strong Economy Feeds Industrial Development On Norfolk Southern
402 views
0 replies
Order Ascending
Order Descending
Anonymous
Member since
April 2003
305,205 posts
Strong Economy Feeds Industrial Development On Norfolk Southern
Posted by
Anonymous
on Tuesday, February 28, 2006 4:06 PM
February 28, 2006
Strong Economy Feeds Industrial Development On Norfolk Southern
Norfolk, VA – Norfolk Southern Corporation (NYSE: NSC) participated in the location of 78 new industries and provided support for the expansion of 43 additional industries along its rail lines in 2005.
The new plants and expansions represent an investment of approximately $2 billion by Norfolk Southern customers and are expected to create an estimated 7,700 customer jobs in the railroad’s territory and eventually generate more than 88,000 carloads of new rail traffic annually.
The largest project coming on line in 2005 was the $600 million expansion of an automobile assembly plant for Mercedes-Benz USI at Vance, Ala.
“The strong economy continued to drive a variety of industrial projects across our service territory, with locations in 18 states,” said Larry Collingwood, assistant vice president industrial development. NS continued its success in attracting plastics-related locations with 17 new or expanded projects. Other industries locating on NS lines during 2005 included grain elevators, cement plants, lumber and paper facilities, chemical plants, steel and food processors, and distribution warehouses.
During the past 10 years, Norfolk Southern’s industrial development department has participated in the location or expansion of 1,098 industries, which invested $24.5 billion and created nearly 63,000 customer jobs in the territory served by the railroad.
Norfolk Southern works with state and local economic development authorities on projects involving site location and development of infrastructure to connect customers to its rail system and provides free and confidential plant location services, including site layout, engineering and logistics assistance. Offices are located in Atlanta; Birmingham, Ala.; Columbia, S.C.; Columbus, Ohio; Detroit; Harrisburg, Pa.; Knoxville, Tenn.; Indianapolis, Ind.; Norfolk; Philadelphia; Raleigh, N.C.; Roanoke, Va., and St. Louis.
Norfolk Southern Corporation is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates 21,300 route miles in 22 states, the District of Columbia and Ontario, Canada, serving every major container port in the eastern United States and providing superior connections to western rail carriers. NS operates the most extensive intermodal network in the East and is North America’s largest rail carrier of automotive parts and finished vehicles.
http://www.nscorp.com/nscorp/index.jsp
Dave
http://www.railpictures.net/showphotos.php?userid=920
Reply
Edit
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy