The North Carolina Railroad Company (NCRR) partners with North Carolina’s economic development community and railroads on various initiatives to drive increased job creation, freight rail use and economic growth.
Through NCRR Invests, we evaluate requests for investments to address the freight rail infrastructure needs of companies considering location or expansion in North Carolina. Since launching NCRR Invests in 2016, NCRR has invested more than $9M in economic development projects resulting in 2,000 jobs and over $1.8 billion capital investment by companies choosing to locate or expand their operations in the state.
Eligible rail-related investments include, but are not limited to:
• Lead, siding & other track construction
• Railroad signals
• Site grading & drainage for tracks
• Rail loading facilities