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.
Fayetteville State University is set to embark on what university leaders hope will lead to a new tradition for the regional business community in Cumberland County and beyond. The university will host its inaugural Entrepreneurial Impact Awards Gala
KS Bank celebrated the grand opening of the Lillington branch on Thursday, Aug. 13 at 10 a.m. The branch is located at 709 W. Front St., Lillington. Photo by KS BankKS Bank is expanding its community-focused brand of banking to Lillington, and it doe
Wing Company was founded in 2011 in Fayetteville, N.C. by Mark Bhatti. As trends in the restaurant industry shifted, Bhatti expanded his initial concept of Wing Company Sports Bar & Grill to include a new fast-casual version of the brand, Wing Co. Express.
