The North Carolina Ports Authority and 13 short line railroads will receive $10.9 million combined in matching grant funds for improving rail infrastructure.
The grants come from the N.C. Department of Transportation’s Freight Rail and Rail Crossing Safety Improvement Program, which was established by the General Assembly in 2013..
Two of the recipients are within the Greater Fayetteville Business Journal coverage area. They are as follows:
Aberdeen Carolina and Western Railway: $3,563,324 for bridge improvements, siding construction and mainline track upgrades (Cabarrus, Montgomery, Moore, Stanley, Mecklenburg counties)
Aberdeen and Rockfish Railroad: $419,175 for rail upgrades on the mainline (Hoke County)
The grants are matched with railroad investments that will total $21.7M in rail infrastructure improvements across the state. Combined, over 12 miles of railroad track and 35 bridges will be upgraded with the funds.
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As the director of the FSU HUB, Dr. Tamara Colvin is responsible for strategic and operational leadership to provide impactful support to emerging entrepreneurs and existing small businesses. Photo provided by Colvin.Fayetteville Cumberland Regional
