Technimark, a global plastic injection molding company headquartered in Randolph County, N.C., has received a $250,000 grant from NCRR Invests, the North Carolina Railroad Company’s (NCRR) economic development arm, to help expand its manufacturing facilities.
North Carolina Railroad Company
Industrial steel manufacturer Nucor Corporation plans to build a $350 million rebar micro mill in Lexington, N.C., to be served by Winston-Salem Southbound Railway, which is jointly owned by Norfolk Southern (NS) and CSX.
Vietnam-based VinFast in July 2024 will open its first North American electric vehicle (EV) assembly and battery manufacturing facility, valued at $4 billion, in Chatham County, N.C. North Carolina Railroad Company (NCRR) reported on March 29 that it will provide approximately $1 million to help construct an auto ramp, part of the rail infrastructure needed for CSX or Norfolk Southern (NS) to serve the site.
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 North Carolina Railroad Company has launched an economic development initiative. Also, Pioneer Lines has reached a safety milestone: 12 consecutive months without injury network-wide.
The Sherwin-Williams Company will invest a minimum of $300 million to expand its architectural paint and coatings manufacturing facility and establish a larger distribution center in Statesville, N.C.; Norfolk Southern serves the location.
Michelle Jeng will join North Carolina Railroad Co. (NCRR) as Chief Financial Officer on June 21.
New York MTA’s Metro-North Railroad has promoted Justin Vonashek to Senior Vice President-Operations, succeeding John Kesich, who has held the position since 2013 and will retire in April. Nexsen Pruet, a North Carolina-based economic development group, has hired attorney Scott Saylor.
Nestlé Purina Petcare Company is locating a new pet food manufacturing facility in Rockingham County, N.C., with the assistance of the North Carolina Railroad Company (NCRR) and other partners. The facility will bring an investment of $450 million and 300 jobs to the county.
Edward Wu has been named Director of Engineering for the North Carolina Railroad Company (NCRR).