Norfolk Southern Facilitates $2 Billion of Industrial Investment Along Rail Lines in 2006
NORFOLK, Va. — Norfolk Southern Corp. participated in the location of 70 new industrial facilities and provided support for the expansion of 45 additional industrial facilities along its rail lines in 2006, the company announced. New plants and expansions represent an investment of $2 billion by Norfolk Southern customers and are expected to create an estimated 3,578 customer jobs in the railroad’s territory and eventually generate more than 95,000 carloads of new rail traffic annually. Norfolk Southern assisted state and local government and economic development officials throughout 19 states in helping customers identify ideal locations for new and expanded facilities.