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3/1/2012
Rail News: HomePage
CSXT honors West Virginia development agency with 'Partnershipping Award'
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Yesterday, CSX Transportation announced it presented its Partnershipping Award to the Regional Economic Development Partnership (RED) in Wheeling, W.Va., to recognize the organization’s efforts to locate three energy-related projects on the railroad’s lines.
RED was one of many partners that worked jointly to attract Dominion Energy to Natrium, Caiman Energy to Moundsville and AES Drilling Fluids to Benwood, W.Va., CSXT officials said in a prepared statement. The total investment for the three projects will exceed $1 billion and facilities also are expected to generate an estimated 9,250 carloads of freight annually for the Class I.
In addition, RED supported state legislation that provides incentives for energy companies investing in the state, CSXT officials said.
“Our entire team looks forward to doing more work with the Regional Economic Development Partnership and to helping the area benefit from the continuing development of the Marcellus Shale area,” said Clark Robertson, CSXT's assistant vice president of regional development.
RED was one of many partners that worked jointly to attract Dominion Energy to Natrium, Caiman Energy to Moundsville and AES Drilling Fluids to Benwood, W.Va., CSXT officials said in a prepared statement. The total investment for the three projects will exceed $1 billion and facilities also are expected to generate an estimated 9,250 carloads of freight annually for the Class I.
In addition, RED supported state legislation that provides incentives for energy companies investing in the state, CSXT officials said.
“Our entire team looks forward to doing more work with the Regional Economic Development Partnership and to helping the area benefit from the continuing development of the Marcellus Shale area,” said Clark Robertson, CSXT's assistant vice president of regional development.
