The North Carolina Railroad Company (NCRR) will invest $300,000 to help build rail infrastructure for Service Offsite Solutions’ new $11.8 million manufacturing facility in Sanford, N.C.; the company will be served by Atlantic and Western Railway (ATW).
The new rail spur will be financed by NCRR’s economic development initiative, NCRR Invests, and allow Genesee & Wyoming’s ATW to “increase activity by 150 additional railcars each year,” according to NCRR.
Service Offsite Solutions expects to employ 235 people at its new plant, which will make modular floors, walls and roofs for off-site home construction.
“Our process delivers a framed house, dried in, with all the punchwork completed in less than half the time it would take for traditional stick framing, often in as little as two days,” Service Offsite Solutions Vice President of Operations Jeff Thompson said.
“NCRR is excited for the opportunity to contribute to an effort including Lee County, the city of Sanford, the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, and many others who made this amazing opportunity a reality,” NCRR president and CEO Carl Warren said. “Partnerships like these are critical in the creation of new jobs and retention of existing employment. This is another huge win for the state, local communities and the people of North Carolina.”
Additional project partners include the North Carolina General Assembly, the North Carolina Department of Transportation, the North Carolina Community College System, Sanford Area Growth Alliance, and Duke Energy.