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'Historic' $8B in Grants Will Fund US Passenger Rail Expansion

ENR Construction

Grants from the Federal Railroad Administration will fund high-speed passenger rail projects from North Carolina and Virginia to California and Nevada.

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'Historic' $8B in Grants to Fund Construction and Expansion of US Passenger Rail

ENR Construction

Grants from the Federal Railroad Administration will fund high-speed passenger rail projects from North Carolina and Virginia to California and Nevada.

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Premtec Expanding In North Carolina

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Premtec, a manufacturer of brake hoses for the railroad industry, will expand its operations in Rowan County, NC. The project was announced by RowanWORKS Economic Development , Governor Roy Cooper and North Carolina Commerce Secretary Anthony Copeland earlier this month. “We

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September/October 2015 Issue (Volume 48, Number 5)

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Feature Story: Logistics Networks Are Getting Back On Track | Lower fuel prices, a surge in railroad hiring and the need to get goods to market faster are boosting growth and profits in the logistics sector. Get the latest on ports and FTZs.

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Bootstraps for Building

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When the industrial revolution unfolded in the 1830s, Allentown became the center of Pennsylvania’s iron industry and a railroad hub. Mack Trucks and other major factories that made Allentown a manufacturing hub headed for greener pastures (Mack moved to North Carolina) or overseas; the last major silk company closed its doors in 1989.

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Seven Projects Land Deal of the Year Honorable Mentions

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BILLION WINDFALL FOR NORTH CAROLINA. Its massive new North Carolina plant will manufacture active pharmaceutical ingredients for its diabetes care products. After all grant funds are dispersed to the company, the North Carolina treasury will still see a positive inflow of $209 million in net tax revenues over that period.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

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1,677 miles of Class 1 railroads. Interstate 40 is the major east-west thoroughfare reaching from North Carolina to California that runs through Arkansas. Louis and Chicago to the north and New Orleans to the south, while Interstate 30 connects Arkansas with markets to the southwest, including Texas and Mexico.