JACKSONVILLE, Fla., Jan. 5, 2012 /PRNewswire/ --Customers across manufacturing, consumer goods, energy and other markets committed to 124 new or expanded facilities on CSX and its short line railroad partners in 2011, driving job growth and other economic benefits in 17 states.
The new or expanded facilities represent nearly $1.4 billion in customer investment.
"Despite ongoing economic uncertainty during 2011, our customers continue to demonstrate strong interest in rail service and CSX in particular," said Clark Robertson, Assistant Vice President-Regional Development. "It is testimony to the underlying value proposition that rail offers."
The facilities will be built or expanded on CSX lines and on some of the more than 240 short lines and regional railroads that connect to CSX. Ultimately, these facilities will contribute more than $230 million in annual revenue to CSX, Robertson said.
For many customers, railroad fuel efficiency is an important factor when it comes to choosing transportation, and CSX trains are capable of moving a ton of freight nearly 500 miles on a gallon of fuel. That means significantly lower carbon emissions than trucks. Another factor is connectivity to marine ports, and CSX reaches more than 70 ocean, lake and river ports.
CSX also offers its certified Select Site program to manufacturing firms seeking new plant locations along CSX's network, as well as track design and logistics expertise. The company's TRANSFLO transload services offer a way for non-rail served shippers to connect to the North American rail network. Contact a regional development expert by clicking on the Customer tab on www.csx.com.
Here are the states in which new or expanded facilities will be built, the jobs expected, and the investments made by customers.
State | Jobs Created | Customer Investment |
Alabama | 115 | $8,220,000 |
Florida | 180 | $165,586,000 |
Georgia | 157 | $69,550,000 |
Illinois | 0 | $3,750,000 |
Indiana | 27 | $73,000,000 |
Massachusetts | 17 | $3,281,000 |
Maryland | 100 | $600,000 |
Michigan | 242 | $70,150,000 |
North Carolina | 348 | $385,220,000 |
New Jersey | 27 | $2,804,100 |
New York | 63 | $9,540,000 |
Ohio | 258 | $43,900,000 |
Pennsylvania | 5 | $822,000 |
South Carolina | 152 | $30,300,000 |
Tennessee | 5 | $1,000,000 |
Virginia | 8 | $2,000,000 |
West Virginia | 77 | $515,000,000 |
About CSX
CSX Corporation, based in Jacksonville, Fla., is one of the nation's leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The company's transportation network spans approximately 21,000 miles, with service to 23 eastern states and the District of Columbia. CSX's network connects more than 240 short line and regional railroads and more than 70 ocean, river and lake ports. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Follow CSX on Twitter (http://twitter.com/CSX) and Facebook (www.facebook.com/OfficialCSX).
SOURCE CSX Corporation
