The North Carolina Railroad Company (NCRR) issued a statement from President and CEO Carl Warren in response to Governor Roy Cooper’s announcement of a Consolidated Rail Infrastructure and Safety Improvements Program (CRISI) grant for rail infrastructure projects in North Carolina.
The North Carolina Railroad Company (NCRR) and NC State University’s Institute for Transportation Research and Education (ITRE) received $3 million from the Federal Railroad Administration’s Railroad Crossing Elimination Grant Program.
NCRR will invest $400,000 in Pennsylvania Transformer Technology, LLC’s Raeford expansion, comprising two facilities totaling 300,000 square feet and expected to bring $102.5 million in regional investment and approximately 217 new jobs.
A 317-mile rail corridor stretching from Charlotte to the Port of Morehead City, supporting a quarter of North Carolina's economy and connecting key freight and passenger routes across the eastern United States.
