June 1, 2020
North Carolina Railroad Company Invests in Freight Rail Infrastructure to serve Charlotte Pipe and Foundry
Charlotte Pipe and Foundry Logo

The North Carolina Railroad Company (NCRR) is one of several partners named in the recent announcement that Charlotte Pipe and Foundry will be relocating its production facility from Charlotte to Stanly County. Charlotte Pipe and Foundry is a North Carolina-based manufacturer and distributer of cast iron and plastic pipe fittings with seven production facilities across the United States.

Charlotte Pipe and Foundry will construct a new, state of the art manufacturing facility at a site in Oakboro, an investment of $325 million.  Charlotte Pipe and Foundry employs 1,050 in Mecklenburg, Union and Stanly counties, with 400 of those to be relocated to the Oakboro, NC facility.  Through the North Carolina Railroad Company’s economic development initiative, NCRR Invests, NCRR is investing approximately $1.5 million to assist with the construction of a railroad industrial lead track and switches, and related infrastructure.  The new manufacturing plant will be served by the Aberdeen, Carolina and Western Railroad with access to both Norfolk Southern and CSX.

“Rail infrastructure is extremely important in attracting high quality, capital intensive manufacturers and distributors to our state,” says NCRR President, Scott Saylor. “Occasionally those companies need room to expand their site footprint or operation.  Through NCRR Invests, we are able to assist in addressing the freight rail infrastructure needs of companies like Charlotte Pipe and Foundry in order to retain jobs during this crucial moment for our economy, as well as enable future growth opportunities.”

About the North Carolina Railroad Company

The North Carolina Railroad Company is a private corporation whose voting stock is owned by the State of North Carolina.  The Company manages the use of 317 miles of track and property stretching from Charlotte to the Port of Morehead City.  The Company’s mission is to put the North Carolina Railroad Company to work for the good of the people of North Carolina and improve our state by expanding freight rail opportunities to grow business, enabling rail to move people and investing in North Carolina.

About NCRR Invests

NCRR Invests provides assistance to companies that take advantage of the state’s freight rail opportunities and create jobs by locating or expanding their business in North Carolina.  The goal of any NCRR investment is to drive job creation and economic growth.

The North Carolina Railroad: Collaborating with Communities and Spurring Economic Growth

Today is NCRR Charter day. Our charter, signed in 1849, outlined a need to connect the state from "east to west." We're proud to say our 317-mile rail corridor helps move people and freight east to west AND north to south. Don't worry, we'll keep exceeding expectations.

The weight ratio between a car and a soda can is about 4,000 to 1. The weight ratio between the average freight train and an average family-sized car is also 4,000 to 1. When a car hits a soda can, the can is destroyed. Don't be the soda can. #STOPTrackTragedies

Did you know U.S. railroads, on average, move one ton of freight nearly 500 miles on just one gallon of fuel? That's about four times more efficient at hauling freight than a truck. So, who's interested in learning more about using rail for your freight shipping needs?

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