Norfolk Southern assisted 94 industries along its rail lines in 2014
Published: Fri, 2015-01-09 13:09Norfolk Southern assisted 94 industries in locating or expanding their businesses along its rail lines in 2014.
The 72 new and 22 expanded industries represent an investment of $5.7 billion by Norfolk Southern customers and are expected to create more than 4,420 new jobs in the railroad's territory, generating more than 205,000 carloads of new rail traffic annually.
"The energy sector continued to be a major driver of industrial development projects in 2014, and we began to see the return of more traditional industrial projects such as steel mills, auto assembly plants, tire manufacturers, and food processing facilities," said Jason Reiner, assistant vice president industrial development.
"We expect continued development in the energy sector, as well as growing activity in manufacturing, in 2015. We will continue to work closely with the communities we serve to ensure that high quality industrial sites are identified and ready to be presented to prospective industrial clients. We have the experience and resources available to support our communities in their efforts to compete for new manufacturing and distribution projects."