Norfolk Southern said it helped 75 industries in locating or expanding their business operations along its rail lines in 2017.
The list includes 54 new and 21 expanded industries across 17 states and represents an investment of $1.1 billion by Norfolk Southern customers, the railroad said in a news release. This economic development is expected to create nearly 2,000 new customer jobs in the railroad’s service area and generate over 147,000 carloads of new rail traffic annually.
“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,” Jason Reiner, Norfolk Southern’s assistant vice president industrial development, said in a news release. “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.”
