JOC Staff | Jan 07, 2013 4:24PM EST
Shipping and transportation company Norfolk Southern Corp., owner of Class I railroad Norfolk Southern Railway, participated in the location of 64 new industries and the expansion of 30 existing industries along its rail lines in 2012.
New plants and expansions announced in 2012 represented an investment of $2.1 billion by Norfolk Southern customers and are expected to generate more than 141,000 carloads of new rail traffic annually.
“Our 2012 results were once again anchored by the energy sector,” said Newell Baker, assistant vice president of industrial development, in a written statement.