July 28, 2021
North Carolina Railroad Company invests in Lead Track Serving State-of-the-Art Facility in Cabarrus County
The North Carolina Railroad Company (NCRR) is investing in the rehabilitation of rail infrastructure required for operations at a new beverage manufacturing campus to be constructed by Red Bull, Rauch, and Ball Corporation. The two million square-foot, state-of-the-art campus will house vertically integrated processes for beverage manufacturing, can-filling, and distribution at the Grounds at Concord in Cabarrus County. The North Carolina Railroad Company is investing $700,000 to assist in the rehabilitation of the company-owned portion of the lead track that will connect to the North Carolina Railroad and be served by Class I freight provider, Norfolk Southern.
The three-company joint venture will result in the creation of 633 new jobs and a capital investment of more than $900 million. This is the largest economic development announcement in the Cabarrus County’s history.
“We are excited to welcome Red Bull, Rauch and Ball Corporation as new customers on the North Carolina Railroad and we commend their transformative vision for the conversion of the site from a former cigarette manufacturing plant to the production location of a next generation consumer product,” says NCRR President and CEO, Carl Warren. “The new beverage manufacturing operations will result in a substantial increase in the number of railcars on the NCRR line each year and will be a significant boost to the area economy.”